Why bitrcoin is going up

[Astvile]

Don’t hesitate to sell your bitcoin to save your profit, there are so many reasons to consider and I also think whales are using the world news to pump bitcoin and right now dump it harder again, easy profit for them. There’s no war yet but the price increases is very timely, always watch your holdings and don’t be afraid to sell if its needed.

Why do you recommend in selling Bitcoin?

Are you dumb! There is nothing to panic, it is a small pump and is common with Bitcoin afterall it is one of the most volatile crypto.

No matter what keep hodling you Bitcoin this year, Bitcoins halving is on the way and a small Bull run too. The price of Bitcoin is still below $10k. Till that time keep hodling.

What is wrong about recommending someone to sell their bitcoin? is it that bad?
Selling bitcoins for each profit you get is really helpful too I saw and I've been with many people who are trading like this, scalping and selling for even small profit and those small profits compounds and it gets bigger. I don't see anything bad at recommending to sell bitcoin for profit at all.

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[Wysi]

I think it's purely because of US-IRAN escalations because there are many sanctions over Iran and crypto is the easiest way for them to do funding to their proxies as Iran has always used it's proxies to fight for them, but if it's true then bitcoin is being used as a tool for inflicting more violence. I don't think this is a manipulation from whales it might be a second bull run as well.

[Shasha80]

I was also shocked by the increase in bitcoin to $ 8400, in my opinion which caused bitcoin to suddenly increase market manipulation
conducted by whales. Try to provoke FOMO and later the price will be dumped suddenly. Then from that we should not be lured into
buying bitcoin for now, it's better to monitor the market for a few days. Here our patience as investors will be tested, lest we don't make
a wrong decision. I suggest holding bitcoin first we have, and if anyone wants to buy bitcoin it should be postponed first.

[Fappanu]

1. We may be witnessing the second bull run, it is what we are waiting for right, just dont be get too excited ofcourse.

3. Whales might be doing something , or maybe they are trying to rally the price and then dump it, like always.

This two are the most close why bitcoin price increasing now maybe this is because of the bitcoin halving effect or whales  now manipulating the price of bitcoin to trap some investors.  Because the price of bitcoin usually increase two or one month before halving ends. This is just only based on behavior of bitcoin on the past bitcoin halving

[Amel]

I assume there are individuals who take advantage of the situation between Iran and the US. With the US attack on Iran yesterday giving rise to a lot of sentiment towards Iran's and the world economic markets, this also has an impact on the bitcoin market. Maybe the whales are making sentiments that can make a lot of people afraid of their assets and then move to bitcoin, well this is just a provocation from a group of whales.

[bitvalak]

Whatever the cause of the rising bitcoin price is beneficial for those who own bitcoin.
All internal factors influence the occurrence of demand and supply in the market.
The most important thing is to sell bitcoin when you make a profit, because the opportunity does not come many times.

[znation]

Perhaps many investors feel that the war between the United States and Iran has led to an economic impact and they choose bitcoin as a good haven asset for their assets, this is my mind, there is a small part of it. can be priced by the big forces in the market.

[malekbaba]

It is wise to monitor the market if there is excessive volatility. We are greedy. We always wait to sale at higher even though we are in good profit. But I think numerous positions will help greatly. And if you sale at profit, you will get chance to re-enter in price correction phase.

[Genemind]

There could be different reasons why the prices are increasing but as for me, no matter what the reasons are, it's good to see that the market is recovering. Different events have a huge impact on investors so it also affects their way of making decisions. It's still better to hold and have patience until the prices get even better.

[FlightyPouch]

no one knows for sure the reason for the rise in bitcoin, ups and downs in prices is common in trading, I prefer to rely on technical analysis rather than news, maybe bitcoin will go down to swing the price, but on the daily chart bitcoin is still showing an upward trend, it's better to do your own research than to rely on other people's predictions.

Well, we don't know what might happen, all we know is that the price can go up and can go down. Other predictions can be a good thing since you can base your prediction with theirs.

[Asmonist]

Its a great opportunity indeed. Whatever the reasons that make the price goes up its all about market movement. We are all expecting price  rise this year and maybe this is the time. Its our prerogative to sell our bitcoin or hold it. Most likely its a great time to sell to gain or profit for a little. Otherwise hold and wait for another period of price rise again.

[chaoscoinz]

I have 3 things in my mind about this rising price again

1. The current situation between Iran and US, with the price of oil rising, everything goes up, so as crypto as it can be use for funding by the government and other people may also be preparing for the worse,

2. We may be witnessing the second bull run, it is what we are waiting for right, just dont be get too excited ofcourse.

3. Whales might be doing something , or maybe they are trying to rally the price and then dump it, like always.

But no matter what is the cause you should be very careful on what we are going to do next , always keep in mind what happen before but, if you feel this is the time don't hesitate we might be witnessing something more better this time.

These all could be factors in the reason the price has risen but I'm hoping the price is rising because of natural causes and normal growth instead of unknown variables which cause inflation. The last overly inflated hike made its way up to around $20,000 then the bubble popped, deflating more the 75% of it's price. Even today the market price is still in recovery slowly correcting itself from that 2017 bubble. I hope the price continues to slowly rise at a steady incline for a more natural Bull run.

[xZork]

The Middle East has been under a lot of stress in the last few days, so not only has the price of bitcoin increased, it has led to an increase in the price of gold and oil. However, starting yesterday, the situation seemed to be easing, Irac and the US seemed to be gradually finding a common voice, which led to the price of bitcoin and gold begin to decline.
We have had a good start to 2020, hoping that the market will have better development in 2020.

[Reid]

It will be the better bitcoin from now on.

Steady state.
We have see that also at 12k-14k. It was really steady at that time.
Then slowly it went down.
Now back to a steady state. 6..5k- almost 8k.
This might not be a bull run. More like the demands are getting higher because of the event that is coming.
Thankfully, it ain't like 2017.

[Lecam]

Don’t hesitate to sell your bitcoin to save your profit, there are so many reasons to consider and I also think whales are using the world news to pump bitcoin and right now dump it harder again, easy profit for them. There’s no war yet but the price increases is very timely, always watch your holdings and don’t be afraid to sell if its needed.

Yes hold your bitcoin and be patience bitcoin can goes up continuesly so be smarter and i know that we can get a good profit. Yeah there is no war so dont be afraid  right now don't sell your bitcoin hold it as you can and i know that you can be a millionaire if you hold a bitcoin and you have patience.

[freedomgo]

The main reason is the Iran vs US conflict but it seems like bitcoin has cool down now, I don't know if it will really drop or it will just stay at this price for now, and then pump again, it's really unpredictable but hopefully this is not a bull run because we all have been waiting for this and without this there's no altcoins season also.

[Bim abk]

in the movement yesterday maybe the strongest reason in my opinion is the impact of the US with Iran. due to a lot of pressure from the news and also favorable market conditions made the impact of the war to make pump movement, but I believe this only happens with a temporary time because the current conditions have started to come back down.

[julius caesar]

I think the pumped on bitcoins price happened because the whales is manipulating it. Also, the other factor is that the tension between IRAN and USA. I think whales are trying to use that tension so that consumers would not think that they are manipulating it. They are using the tension so that consumers would not have any doubt on why the price is rising up.

[sunsilk]

I have 3 things in my mind about this rising price again

1. The current situation between Iran and US, with the price of oil rising, everything goes up, so as crypto as it can be use for funding by the government and other people may also be preparing for the worse,

2. We may be witnessing the second bull run, it is what we are waiting for right, just dont be get too excited ofcourse.

3. Whales might be doing something , or maybe they are trying to rally the price and then dump it, like always.

But no matter what is the cause you should be very careful on what we are going to do next , always keep in mind what happen before but, if you feel this is the time don't hesitate we might be witnessing something more better this time.

You forgot another reason why bitcoin is starting to increase these days. But before that, the price corrected and as a typical sign of the market this may occur until the weekend and we may see the retrieval motion by next week.

And the another reason that you probably forgot is the halving. As we know, this is one of the biggest event that happens for bitcoin and this will impact the miners reward which will surely affect the prices.

[bitcampaign]

I might see an increase happening because a pile of new people coming to bring their money to buy bitcoin, try to see the trading volume of all altcoin and bitcoin, what I learned from the analysis of people in this forum almost have the same opinion that the price of bitcoin is correct really going to continue the rally on a large scale, maybe because of the halving news factor which is where pushing many people into the market slowly slowly seems like that's happening right now, no one knows for sure why bitcoin rose since yesterday almost reached $ 8500