Return of the bull?

[old fart]

Bitcoin is silently pushing up for the past few days, what could be the reason, could it be because of the halving coming up later or that the bulls are back in town.

[mk4]

As always, there is no way to know for sure what caused the price rise, but people are mostly leaning on current geopolitical events, concerning Iran and the United States.

With that said, don't be too confident. Remember that we're talking about bitcoin here, whereas 5% is nothing, and it can easily easily go the opposite way in no time, destroying the hopes and dreams of those short-term gamblers.

[adroitful_one]

Bitcoin is silently pushing up for the past few days, what could be the reason, could it be because of the halving coming up later or that the bulls are back in town.

It's not only been just the last few days, but all of last year. The reason? I think it's just a normal trend reversal and as we got closer to and pass the halving, I think we'll see it really ramp up and everything will start to take off like it did a few years ago. I think we'll see the price come back down to somewhere in the $6,000 range. Probably somewhere closer to $7,000 before we see it come back up and surpass where we are now. This is a volatile market and there is no guarantees of anything though.

[wajik-tempe]

Bitcoin is silently pushing up for the past few days, what could be the reason, could it be because of the halving coming up later or that the bulls are back in town.

Not yet until the halving. I think this is a casual pump after end of the year, first month of the year market it always green because it was recovery from the last december when market was bleeding. So i think bull run still far ahead because the world is not looking at crypto right now, there are still many world's issue that more mainstream

[iamaruf]

This type of pumps and dumps is natural for bitcoin.Halving bitcoin reward can be a reason but I don’t think this is the main reason. Maybe its a natural pump.if bitcoin rise more than 10k$ then halving is the main reason. But we will see this price within few months.But we can't tell this is bull run,bull run will pump maximum coins.         

[shield132]

Bitcoin is silently pushing up for the past few days, what could be the reason, could it be because of the halving coming up later or that the bulls are back in town.

It's very, very hard to say exact reason because as you see in past we has rise from 7-9k to 13k but finally what we got is fall up to 7k and we are stuck in this price. I didn't know if price went from 7000 to 7800, just got it from your news but personally I don't feel optimistic right now and can't say this is the start of bull run or that's happening because of upcoming halving cause in past, we always had rises after halving, not before that (on last halving price was stable 600$ for a while and it started rise after 1-2 months of halving).
See this news also: https://cointelegraph.com/news/litecoin-largest-miner-capitulation-great-news-for-bitcoin-analyst/amp

Should set up a bullish breakout of the bearish channel. I wouldn't be surprised if LTC leads a bullish breakout of BTC.

[kodtycoon]

not sure if this is the start of a bull run or not because i only believe this is only a temporary recovery, we are still at the beginning of the first quarter of this year and it's too soon to say this is the start of a bull run, we need to wait for a few more days because i'm just sure a big correction at least will happen after this temporary recovery

[Oceat]

not sure if this is the start of a bull run or not because i only believe this is only a temporary recovery, we are still at the beginning of the first quarter of this year and it's too soon to say this is the start of a bull run, we need to wait for a few more days because i'm just sure a big correction at least will happen after this temporary recovery

I don't think this is the start of the bull market but it looks like it's a result of the recent conflict between US and Iran. It might be most influential people are using Bitcoin to transfer their funds from banks to cryptocurrency. This is the only reason I see with the recent pump but if there's another way that making this pump then please tell me what else.

[StephenieDuong]

I'm think this is starting of a new bull run because some indicator already show that lots of buying demand on bitcoin, lots of buy order was filled during pass few months. Some people will say this increase just due to the war between US and Iran, but i believe this is only the reason for bitcoin to grow super fast in short period. 

[Lanatsa]

Bitcoin is silently pushing up for the past few days, what could be the reason, could it be because of the halving coming up later or that the bulls are back in town.

Theres no one could be sure on what are the actual reasons why we do see these kind of price increase but if youve been here on this market for a while now then these movements is just like a typical day here on crypto.No man would able to believe the exact reason behind of such rise on this very unpredictable market.For now the thing we can do is to cherish up these movements for our own benefits.Utilize on how you do trade up and make money out of these movements.Lucky for those people who bought a week ago since the price at the moment is 7900.Good numbers to see to reach up 8k+ soon.

[Sterbens]

Surely this is also the reason why prices are rising so quietly and surprisingly, even though this is only an increase of around $ 500, it feels like we are already in the bullrun because it's astonished is this perhaps the beginning of halving?
Is it also possible that this whale manipulation is now rising in an instant and then lowering it again so that many new investors enter?
We believe that this increase will bring positive going forward because the indicators have started to move in the right direction.

[LUCKMCFLY]

~snip~

It is still time to wait, there are good movements in bullish trend, but it is short term, many analysts have predicted this movement, which would be a rather aggressive movement, I think we still have to see it, at least for me, when it is above $ 9 k could start speculating more safely.

This movement is good, there is still more demand in the market, the supply is superior for now. The Halving may not have much to do, but they are making moves to cause more reliability in the market and that the castles do not fall in the air of the people, as Burton says in his book of "A random walk through Wall Street "

[Pinkris128]

Bitcoin is silently pushing up for the past few days, what could be the reason, could it be because of the halving coming up later or that the bulls are back in town.

I am assuming maybe the reason behind this is Iran because oil and gold also increase it's price in the past few weeks, that is why a lot of people are predicting if the war in Iran will start, bitcoin might move up to all time high. But i think we should not expect bitcoin will continue to increased it's price because it is still just a prediction.

[Landak]

Bitcoin is silently pushing up for the past few days, what could be the reason, could it be because of the halving coming up later or that the bulls are back in town.

maybe yes and maybe not yet. from last year was also the same as this when prices went up many people would have thought "bulls has come" but it was a lie. it's hard to predict, even though there are already signs, but we can't be sure of all that. for example after the current price rises, it could be tomorrow or next month suddenly the price of bitcoin drops sharply before halving happen.
my advice is better, just follow the market right now, take the opportunity to get profit by trading.

[ChrisPop]

The bulls are presenting some healthy signs of life to be sincere, but they have a long way to travel and the road is full of bears. Personally I wouldn't get a bullish bias until we don't break the $9600-$10,000 area. Until then we are still under heavy selling pressure. The halvening is incoming and people might be accumulating in anticipation of this, but some academicians says that everything is priced in and that the markets are efficient.

If you wanna be on the "safer" side always play with the trend.

[Darooghe]

Bitcoin is silently pushing up for the past few days, what could be the reason, could it be because of the halving coming up later or that the bulls are back in town.

We will have a bull run but not like 2017 that was a blow off bubble. We can have a slow steady increase for years then eventually another FOMO rally and bubble again. Huge price spikes are not the only indicators of bull markets. Several years of smaller, but consistent annual growth is a bull market. Could be 2 years could be less. It may not be as exciting, but these bubbles aren't benefiting anyone except for those lucky enough to time the top and those manipulating the price in the first place.

[ubercool]

The support and volume which BTC getting is really good. We all are hoping for a bull run in not only BTC but also alts. People are holding lots of alts from long time now. A major bull run like 2017, will bring in allot of members back into crypto and even good projects may think of something to gear up their projects.

[target]

There is no news that can bring this pump up except the digital currencies that were pushed by some countries like China's Digital Yuan. CZ should be tweeting something. He use to be doing it every time there is unexpected events but why is he silent about these pumps?  I'm optimistic though so I'm hoping the bulls are rallying before halving starts.

[acdc]

As far as I know, the rise in bitcoin is due to the tension between the US and Iran. The people of Iran fear a war and they are looking for an alternative coin to store their assets, and for the moment bitoin is the best choice.
Many sources indicate that in Iran bitcoin has exceeded $ 20,000.

[Soots]

Bitcoin is silently pushing up for the past few days, what could be the reason, could it be because of the halving coming up later or that the bulls are back in town.

It this will be consistent and successive every month, that possible for bitcoin to soar faster and experience another bullrun. Beforehand, accumulating our bitcoin balances is very important ways to expect more profit in right time. For now, just stay within control while it's not yet happening and don't expect beyond normal impression.