Why bitrcoin is going up

[yulionoo]

in my opinion the rise of bitcoin yesterday was influenced by news of the conflict between Iran and America. because we know when there is conflict and the economy is unstable, investors will choose to secure their assets. and in my opinion yesterday some investors chose to save their assets with bitcoin. so this makes bitcoin increase.

[Shinpako09]

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.

What? sell your bitcoin to save profit? what a bad suggestion. AFAIK you'll lose more if you sell right now. There's FOMO going on, it's better to hold, even if the price goes down you haven't lose any of your coins unlike if you sell right now and the price goes up, that's obviously a lose. Selling in bearish market is the worst thing you will do or suggest not unless you are just taking advantage in swing. Especially there is conflict going on with Iran and US, like others claimed, it's the reason for this increase and also halving is getting near. If you want to to be left by rocket, then go don't hesitate to sell your bitcoin.

[BigBos]

I think that the price increase that occurred was due to the influence of the bull run, but in fact, the price increase was indeed due to the heated relationship between the US and Iran.
Yeah, but as you mean, whatever influence makes the price go up, we need to put it to good use. however, the halving effect is not yet visible, so there is still a possibility that prices will rise in the future.

[freedomgo]

I think that the price increase that occurred was due to the influence of the bull run, but in fact, the price increase was indeed due to the heated relationship between the US and Iran.

People perceive that it is the reason but as what we are seeing now, bitcoin is not rising anymore, it rise up to $8400 and now back to $7800 and it could possibly dump further because that war between the US and Iran is just one fact that hype the market a bit but the bulls is a trap.

Yeah, but as you mean, whatever influence makes the price go up, we need to put it to good use. however, the halving effect is not yet visible, so there is still a possibility that prices will rise in the future.

Halving is 3 months from now, the effect will likely be felt a month before, so we are still in good track.

[asus09]

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.

Current situation Iran and United State maybe one way why make bitcoin wake up to higher price but always need war for getting back with higher price or not? I think now is time for bitcoin back to higher price without need situation war between Iran and United State again but bitcoin raise by good planning for the future become legal payment in many countries.

[bitcoindusts]

I think whales is upto something why bitcoin is going up.  The wanted Bitcoin price to increase so they can dump it at higher price to push the Bitcoin price down and accumulate again at the bottom before the halving event.  Probably they will do this several times before that major event take place.

[lixer]

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.

Seriously I don’t get why people keep mentioning the situation of US and Iran as what would make the price of Bitcoin to go up, this is war that we are talking about and I don’t know some greedy stupid people are seeing it as an opportunity for Bitcoin to increase, it’s really stupid because war is not good thing and is not a time to be saying such rubbish.

So, let us count this situation and focus on other things, Bitcoin has no connection with whatsoever that’s happening and it’s not going to have any effect on the price.

[ololajulo]

Everything had proven that the Iran-US fraca is not responsible for the price pump, the affiliation is just the usual newspaper response to the public, just to give a news. Interestingly, most of their premises are not reasonable and irrelevant. And should always know that such a pump will recall its reversal. The smart ones are not taking any profit as usual but lets keep holding. Some says 10 bitcoin minimum for pro-BTC but some of us into altcoins got to stay a while.

[alexsandria]

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.

Well, yes, we have to be aware most of the time not just only in the chart related analysis stuff but also the outside factors that at least need to be considered why is it happening. Conclusion at one particular reason might bring you less satisfaction, however, too much is confusion but at least you may get arrived to a decision with supporting evidences.

Well, as for the possibilities of price pump. I couldn't agree more with an on-going battle between two countries as it is plays the major role, and the biggest news. And it does affect lots of branches such as economics, as well as crypto currency in a sense of uncertainties there and people tend to rely on crypto possible get-to-go fortune.

[Dart18]

Whales might br making some money out of preparation for the halving. Not sure though.
It could just be another pump which is normal with the bitcoin market.

We can predict anything but there is no actual proof.
All we could think about for now is a higher percentage that it did happen because of the halving.

[asus09]

Got positive news from many investor keep holding and make bitcoin become legal currency payment in many countries why bitcoin is growing up, but we must thanks full with bitcoin back to higher price could give way for us get back profit with bitcoin investing, some time bitcoin can be lower price without prediction before because its the way in bitcoin price higher and lower.

[atjiat]

With this, I highly doubt bitcoin's market price could easily be manipulated or dumped by the whales. Yes they are the whales but even if they hodl allot of bitcoin, they still couldn't obtain most percentage of bit that is why these whales need to be coordinated first, their action should be in relation to one another for them to succeed in pumping and dumping the market price of bitcoin though, it is easily evident in the market on how fast bitcoin could go way up high and decline. But one thing for sure that makes it possible for the manipulation to happen, is when there are people getting manipulated. They support the dump or pump to still make profit.

In my opinion, large whales are considered owners of large volumes of bitcoin, which can be not only one person, but also a certain group of cryptocurrency users, as well as a utility.  Based on this, all their actions are coordinated among themselves, and they also manage to manipulate the cryptocurrency market due to the large volumes of Bitcoin.  To date, I see the only right solution to improve the situation on the cryptocurrency market is to create a deficit of Bitcoin in the market, which will increase the price of a coin.  But I believe that this is not very profitable for big whales today, because in the current situation they want to get as much Bitcoin as possible from ordinary users.