What's going on with BTC?

[Pursuer]

you should seriously stop advertising your website like this, you won't get that much traffic to it to mean anything for your. instead try to write better articles instead this crap which you keep writing and posting the links to it on this forum. by doing that you are only lowering the value of your site because next time we see that link we automatically know it is a clickbait low quality crap. for example in this case these applications you chose are too random and people don't even know about them and most probably some of them are scam applications trying to steal money!

[Erickan]

Don't care about the news to explain whether or not bitcoin is up or down. You only need to care about the value of bitcoin, news is just a tool to inflate to attract readers of web sites . Without accurate information explaining the price increase of bitcoin, only the value of bitcoin is unchanged. When people realize the value of bitcoin, they will need to buy it, the price will automatically increase.

[bhabygrim]

It would always be hard to explain why the price increased,
But we all know how it works the stocks and demands ,
We couldn't really know the reason why people are starting to invest now .
We always look for an explanation and the reason but why would it matters?
Would it change the fact that the price has already been moved?

[Adriano2010]

I don't think this two apps help the bitcoin price grow, the bitcoin price grow because the demand for it was high and people start buy a lot and this happen also because some whales buy it.

[uneng]

I think the adoption of bitcoin by Fidelity investments corporation has more to do with this increasement in btc price than some online shops and real estate agencies (although every help is welcome).
Plus, you know when this pump started there were also good news about the launching app Flexa, in cooperation with several other shops, including famous brands like Starbucks.

In fact, the expressive pump is more about speculation than anything else, I suppose. Some good news, like those mentioned here helped the pump to start, but what maintains and keeps it going are the speculators.

[oseikuf44]

Bitcoin has experience a turmoil over the past year and it risen has been faced with fierce resistance. It is now healing the breeding wound and as everything is determined by demand and supply, the demand is gaining grounds while those who have hold it for long time with their patience is unwilling to give it up. This upsurge will be over when there is a breakout at 10,000 and a bull run began. Thats my opinion.

[maldini]

Possible people looking forward for the Bitcoin reward halving next year.  It is proven in the history that BTC goes up once Bitcoin block rewards halved.  You can see it on this chart.


Image taken  from : https://twitter.com/GrayscaleInvest/status/1108008602806218753/photo/1

This is what people are looking for right now.  The reason why Bitcoin price is surging

yep, I think this is the reason. Bitcoin does have a big influence on the price of bitcoin where the reduction in the mining block will make demand greater than supply. Although halving is not felt instantly, at least we can prepare ammunition for the month, before the price actually rises after one year.

[bobsav2121]

BTC is going uup because people in china and the us are fuc**** tired of their politicians' bs.

[cryptotradernews]

Enjoy the moment because it's definitely coming back down again... This is just a good cycle. Not as good as the one from 2017 though.

[7788bitcoin]

I feel like this US vs China trade war is definitely favoring Bitcoin.

Anyone can have their own version of events on why the market is going up and we really cannot pinpoint exactly one reason for the market recovering this fast, the only thing you can be certain is that there is a huge flow of money in the market and some are collecting the coins in huge numbers thinking about the rally it can achieve after the halving and that is the only possible answer i can think of right now  .

[rodel caling]

BTC is going up because IT HAS TO GO UP. People are starting to believe in it as more than a way of storing value. Like the article says, there are more and more apps out there making it easier for people to use BTC.

You had a point and possible because if people start to believe and become interested to bitcoin the demand volume will increase that way can help,for bitcoin price upsurge.
In own analysis one of the reason of bitcoin upsurge at this time because the World economic going to stable to growth and investors investingbin bitcoin.

[batang_bitcoin]

I haven't seen and heard about these apps but if it regards to the price movement of bitcoin and it helped gathered information about the possible move, I still don't have an idea on how it works but I'll take a look on it afterwards. The time that we're looking today is the possible ending of the bearish market and this convince that we should look at the positivity of the market. Demand is simply increasing that results to the increasing price of bitcoin.

[Aldrinx00]

I think the main reason for bitcoins price going up is that people are starting to buy it because of the bitcoin halving that will happen in 2020. Also adoption is gradually increasing big companies like Facebook are starting to invest in crypto and this will have a huge impact not only with bitcoin but with overall crypto market.

[killat]

There's no exact answer to this. There is no specific reason it is going up. Sure, there can be some news, but that doesn't mean it's the reason it's going up. Bitcoin goes up in price, and down in price.

[Krislaw]

I feel like this US vs China trade war is definitely favoring Bitcoin.

No, it isn't connected.
Both country not about Bitcoin for them issue trading war. They want to handle world market only.
They isn' accept bitcoin as payment to trade them war.

[romo999]

These guys say that BTC is going up thanks to apps such as Lolli and CasaHodl which have helped to accumulate and simplify the process of being a bitcoin market participant. https://cryptotradernews.com/cryptocurrency/why-is-the-price-of-btc-rising/


Any other explanations as to what's causing this BTC upsurge?

It can be seen that the market is showing signs of strong recovery just like the first half of 2017.

The price of bitcoin has now rebounded to $ 8600 and is still on a very strong uptrend.

[krewbfu]

The cryptocurrency market is strengthening day by day. Although the percentage of frauds is high, but in the end the situation will begin to stabilize when more professional teams arrive, taking into account the sad experience of last year’s start-ups. That is what is going with bitcoin, it’s moving forward

[aad140386]

I am skeptical about such an analysis. Why these people made such conclusions can only guess. In fact, it seems to me that the reason for the rise in the price of bitcoin is a combination of various factors, and how often they say "it's just time for growth". This happens when the whales have formed their investment portfolio and completed the purchase at a price convenient for them. Good news for cryptocurrency has been before, but it did not affect the market. It is likely that we have witnessed a new bull market.

[indeliblegain]

These guys say that BTC is going up thanks to apps such as Lolli and CasaHodl which have helped to accumulate and simplify the process of being a bitcoin market participant. https://cryptotradernews.com/cryptocurrency/why-is-the-price-of-btc-rising/


Any other explanations as to what's causing this BTC upsurge?

Bitcoin has a very strong recovery.

  At the moment the price of bitcoin is correcting at $ 8600 and according to my observation, the price of bitcoin will continue to rise sharply because currently bitcoin is trading heavily on many exchanges.

[mann1983]

Its predicted that the price of BTC might reach $20,000 by September