Some Interesting pump in BTC

[mahilchii]

After the halving the price of BTC has increased now from the past few hours is this a bull effect??? I think big business fortunes are buying more BTC now because the entire global market has been crashed right now so they filling the bags by buying BTC and making it demand..

This crypto market is always been a twist, to be it seems like the price might reach $12k in couple of weeks. Guys share your thoughts.

[mk4]

It's too early to say, really. You could easily say that we're already in a bull market but we could equally easily crash harder next week, losing every price increase we had in the past few months. To sum it up, it's very easy to feel bullish due to the price increase but it could easily easily go the other way. In the end, as always, no one knows so always hedge your bets and invest cautiously.

[Becky666]

Although you just speculated the price of Bitcoin but let me say this: nobody has ever said or.speculated the price of Bitcoin and get it 100%, due to this fact I just believe on everyday bitcoin price and not to speculate an hours ahead. The market is positive and there seems to be a good time with the bullish but nobody know the next action of this market, either to pump or to crash down again. We look forward for a better day ahead of Bitcoin market again.

[Kelvinid]

After the halving the price of BTC has increased now from the past few hours is this a bull effect???

Nah, Its not Bull effect but it is halving effect. And yet, it wasn't considered enough to say that we are on the bullish already.
Lately, we saw some pumps but have to warn the community to prepared for a market correction. Things will go in and out as usual.

This crypto market is always been a twist, to be it seems like the price might reach $12k in couple of weeks. Guys share your thoughts.

It is more than that, it surprising. You can't tell its direction until you have experienced it. That is why everything went into just speculations coz we really don't know. And we don't need to push ourselves to believe that Bullrun will come quickly after halving because it is not like that.

[pooya87]

a "pump" is a fake price rise that is the result of manipulation. so are you suggesting that this is a manipulation aka a fake rise? or are you just confused about the terminology?

I think big business fortunes are buying more BTC now because the entire global market has been crashed right now so they filling the bags by buying BTC and making it demand..

haha. no that's not it. even if they wanted to buy bitcoin they would have done it when the price crashed or was crashing. this is just the recovery of that crash while price goes back to the price before the crash (that is the $12k+).

[nicecrypto]

We don't have to analize the market anytime it goes up or down trying to understand the reason behind it, one thing is certain, anytime the price dip buy if you can afford to, from my little experience being in this space, btc has always find a way of recovering anytime the price dump given profit to those who buy at the dip,
If it dip, it won't stay down for too long and if it start rising don't expect it will continue like that, it is a circular.

[Wexnident]

Stop pushing every recent increase in price as a result of the halving. Even if there was any type of result that the halvings would bring, it wouldn't be that quick. It'd take close to half a year at least to see if the halvings actually had any effect on how the market moves. The market has pretty much shown a bullish trend so far but doesn't necessarily mean that it would continue. You can expect a bullish trend imo in the long term, but I don't have much to say in the short term since any movement is pretty much possible at this point. Additionally, this is just the recovery imo. If the economy of various countries does crash, then you can expect a bullish run since most investors know that gold and BTC are assets you can use to save your finance after all.

[Oasisman]

a "pump" is a fake price rise that is the result of manipulation. so are you suggesting that this is a manipulation aka a fake rise? or are you just confused about the terminology?

Some people has been confused with a lot of investment terminologies. A pump isn't a bull isn't a bullrun either, and a bullrun can't be a pump, base on your definition.
Anyway, it's still too early for the bull season. The block halving was just finished few days ago, and the trend of halving hype takes effect after a year passed from the halving. This price increase might just be a recovery from last week's decrease.

[Latviand]

After the halving the price of BTC has increased now from the past few hours is this a bull effect???

Nah, Its not Bull effect but it is halving effect. And yet, it wasn't considered enough to say that we are on the bullish already.
Lately, we saw some pumps but have to warn the community to prepared for a market correction. Things will go in and out as usual.

This crypto market is always been a twist, to be it seems like the price might reach $12k in couple of weeks. Guys share your thoughts.

It is more than that, it surprising. You can't tell its direction until you have experienced it. That is why everything went into just speculations coz we really don't know. And we don't need to push ourselves to believe that Bullrun will come quickly after halving because it is not like that.

I think that's not the final and the full potential of bitcoin''s pump yet, it's just only a week since the third halving period. We just need to wait for more things to occur and I know that there's something more about the halving period, it is just too early to predict about the effect of halving.

Bull effect is literally another thing to bitcoin, we just need to focus on the stability of bitcoin and its sudden pump on what is the highest price that it can do. People should also be mindful and aware about the market so that when there's a market correction, people know what to do and perform just to become more effective in the effect of halving.

We all know that bitcoin is always volatile so we need to adjust and expect for more changes in the market and adapt on the events that can occur in bitcoin's halving.

[sheenshane]

IMO, It may seem like a bull run but no it isn't for it is still early this probably only the halving effect where big investors are trying to buy more Bitcoins for they are preparing for any possible scarcity on Bitcoin, or due to high fee of Bitcoin after Halving occur holders prefer to hold their Bitcoin. Though this is only speculation same as what you think about the bull effect however, we can't predict what will happen next until we have come to that point.

Consider this for the meantime as halving effect but rest assure there will be more changes in the upcoming weeks either the price will pump or it will crash which we all hope not to happen for it may ruin the Bitcoin market if things have failed. Anyway, I'm positive that Bitcoin will not crash because as of now we are seeing improvement in the market price of Bitcoin just after the halving.

[Reid]

It's a good theory.
Maybe they are trying to escape the loss of large amount of money and they will use crypto currencies as an escape goat.
It could happen. But what about next?
When everything calms down and everything is the right path again, are we going to lose its value once again?
I don't like to see that kind of future.
Should we also abuse that movement if ever we have facts to prove that it will happen?

[maydna]

Unfortunately, we are still at the $9k level, and it seems, the price hard to break $10k this month. But I believe that in the end, the bitcoin price will have the time to break $10k and the price will still increase and break another high price. But to go to that price, we need to enjoy the price move, and I think we can get a chance to buy low and sell high many times if we can analyze bitcoin price movements at the market. But be careful because no guarantee that bitcoin price will stay at the high price, and the chance for bitcoin price to get dump will be wide open. Stop trading whenever you feel that it is enough for you to take the profit and don't force yourself to follow the price because that will not always work for you.

[sunsilk]

After the halving the price of BTC has increased now from the past few hours is this a bull effect??? I think big business fortunes are buying more BTC now because the entire global market has been crashed right now so they filling the bags by buying BTC and making it demand..

This crypto market is always been a twist, to be it seems like the price might reach $12k in couple of weeks. Guys share your thoughts.

Don't be too excited mate, this ain't the bull run. Somehow, you're telling a good thing. The world's economy isn't shaping good and that's why people look for a way to flee from this effect. Let's be positive however, don't be too quick in assumptions.

Just wait until the long term effect of halving takes effect. $12k is going to be just a full day of quick reach for bitcoin. And that's how it usually moves like how we see it most of the time, a normal quick rise which basically followed by a correction.

[judaspriest]

After the halving the price of BTC has increased now from the past few hours is this a bull effect??? I think big business fortunes are buying more BTC now because the entire global market has been crashed right now so they filling the bags by buying BTC and making it demand..

This crypto market is always been a twist, to be it seems like the price might reach $12k in couple of weeks. Guys share your thoughts.

$ 15,000 can be achieved I'm sure, maybe at the end of the year the price of Bitcoin will try to go up,
for now I don't focus on Bitcoin, because Fomo is gone after halving, it's better to Altcoin

[Yamifoud]

After the halving the price of BTC has increased now from the past few hours is this a bull effect??? I think big business fortunes are buying more BTC now because the entire global market has been crashed right now so they filling the bags by buying BTC and making it demand..

This crypto market is always been a twist, to be it seems like the price might reach $12k in couple of weeks. Guys share your thoughts.

$ 15,000 can be achieved I'm sure, maybe at the end of the year the price of Bitcoin will try to go up,
for now I don't focus on Bitcoin, because Fomo is gone after halving, it's better to Altcoin

But that was worse if we'll go into altcoins since we know that these coins are just depending on Bitcoin. If that FOMO will start, I have no doubt that altcoins will dump also. I suggest to you, better to keep Bitcoin and if you are afraid of buying today because of that possible market correction, have to save it.
It for sure that the market won't rally that quickly. Bullrun ain't that possible but for that short period of time, never gonna make it.

[Lucius]

Nah, Its not Bull effect but it is halving effect.

Halving has almost nothing to do with the current price, unless you woke up after several months of sleep and you don't know that the price of BTC before the pandemic was above $9000. The fact that today we have only 900 new BTCs per day compared to 1800 before halving cannot instantly change the supply-demand ratios, nor has it happened.

I think big business fortunes are buying more BTC now because the entire global market has been crashed right now so they filling the bags by buying BTC and making it demand..

Do you really think they are buying right now? Well, two months ago, they had the opportunity to buy at 50% off, and the markets have done pretty well since then. If the big players were really buying in the open market, (which of course they don't do - OTC) then the price would be far higher than is the case today.

[bitgolden]

I do not see it as a pump in bitcoin price, pump is usually artificial and temporary, I see this as a bull run, or a simple increase if you ask me. Of course it is not enough and of course we want to see more of it, however the price staying still or going up after the halving worths a lot.

I feel like maybe the best case scenario we could have right now would be simply increasing over 10k and even more and that way we could maybe have a stepping stone that is higher, going above 10k would mean an increase would be towards 12k or more, a price of 8k means an increase would be to 10k, so there is a big difference on when you start an increase and starting at 10k would mean a lot nowadays. Of course what will happen with this lockdown situation will affect a lot as well.

[dothebeats]

Every little appreciation in value of bitcoin is often mistakenly referred to as a pump, while in reality, it could just be another normal daily/weekly price movement that happens every time. If it was a pump, we would see bitcoin tank back to $6000 or lower by now, but from the looks of it the value is still there while the volume remains essentially the same prior to the rise back to $9000.

And to the notion that rich dudes are buying right now, think again. They would have done so when the price sits @ $5000 and lower, though I'm sure that there are still some smart guys out there that managed to snatch some coins when the price is literally on the floor. Anyway, price being stable/holding on to these levels does not necessarily mean a bull run is under way. Just look at the numerous similar scenarios that we had in 2019 that people thought was the 'one' that can top the 2017 bull run.

[Yaunfitda]

After the halving the price of BTC has increased now from the past few hours is this a bull effect??? I think big business fortunes are buying more BTC now because the entire global market has been crashed right now so they filling the bags by buying BTC and making it demand..

The market is really unpredictable. There are a lot of prediction that the price will experience some sort of dump, however, we didn't see it happening. Although there are reports that old mining rigs have been retired because it's no longer profitable. But we didn't see any effect on the price. Maybe hashrate has no correlation to the market price.

This crypto market is always been a twist, to be it seems like the price might reach $12k in couple of weeks. Guys share your thoughts.

Although, the price is increasing post-halving, 5 digit seems to be very hard to reach. Definitely $12k is doable, might take some time before you can finally reach it. The next coming months will be a big test, so see if we can reach it, otherwise an imminent down side to $8k-$9k.

[Dollar_Hunter]

there are currently no signs for Bitcoin to be able to Pump again, the increase in Bitcoin before halving has been more than 100%, it is quite good because it can return to the current level of $ 9,000, I am still watching to enter again