Some Interesting pump in BTC

[Kemarit]

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

No, this is not a bull run per se. Probably it's just a rush to squeeze to make a good profit after the halving.

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..

Big business are wise enough not to invest when the price is on top. If anything they do here, is to invest when the price is way below to make more money for them. So I guess they have been filing their bags when the price is like around $3000-$5000 and not close to five digits.

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.

Well $12000 is really good, but if he hit that price very quick, then it is very not organic increase unless there is a good news to really push that price to that level.

[shoreno]

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

havent you look on the price of btc lately arent you? check it sometimes and youl see that btc value is really increasing and showing a positive sign these days. 

 the increase might be 100 percent before but that wasnt surpassing the 10ks usd limit  . the expected increase after the halving is much more better  because the price were already at 9k  , only few pumps and it will be over 10k or more .

[el kaka22]

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.

Yes, short terms target around $12k sounds realistic but selling pressure around $10k barrier still persists. If bitcoin fails to break this big psychological resistance level with this attempt then we can expect a small pull back up to $8.5k levels to gain more power to permanently pass over the 4 digit era. In my observation, pumps are not happening in interesting manner but I do bull are struggling to sustain.

The halving reward drop must be playing vital role in supporting the bears. Miners must be selling more bitcoins to cover their expenses. They need prices to double theoretically to enjoy same level of profits. This may be the simple signal for all of us to assume price may hit $20k at any time. After testing $20k, we can see lots of interesting pumps there after.

[ancafe]

Well, there's no harm in getting excited about the price of bitcoin after halving. but, given the current situation, it's quite difficult to speculate above $ 11k. however, the price of bitcoin so far has not exceeded the $ 10k price. it is possible that the increase will occur slowly. it might take months to see the price of $ 12k.

[pooya87]

Well, there's no harm in getting excited about the price of bitcoin after halving. but, given the current situation, it's quite difficult to speculate above $ 11k. however, the price of bitcoin so far has not exceeded the $ 10k price. it is possible that the increase will occur slowly. it might take months to see the price of $ 12k.

actually "after" halving there hasn't been that much excitement, historically speaking. usually all the excitement starts a month before halving and ends about a couple of days before the halving date. now that we are in after halving times, we have a much more stable market and a lot more accumulation rather than price rises. as we can see even with the increased number of FUD in the past couple of days the manipulators have failed to create any kind of drops while price still remains above $9k.
i wouldn't be surprised if we stayed here for at least another month. that would also be logical as the effects of 50% lower fresh supply could slowly show itself by then.

[Russlenat]

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..

Actually we can easily predict the movement of bitcoin when there is a hype, the recent increase of bitcoin was just bought by the halving hype, and whoever is buying, hype will always result to increase of demand and volume in exchanges, and we have witness is but unfortunately it didn't last, because that's the norms of a hype.

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.

Hopefully it will reach that level, but there has been a correct of price lately, and bitcoin was dropped below $9000 and just slowly recovers but not stable yet.

[lienfaye]

The price pump is not consistent so we cant expect for now that there's a bullrun coming since the price is declining. After halving the price indeed show growth and many of us are assuming that this can be the start of a much better value for bitcoin however its not happening. It was stable ranging to $9k and above, I think it takes months or a year before we can see a drastic price pump, an indication for bullrun just like what happened in the past.

[michellee]

I am afraid that the pump will not come so soon because the bitcoin price now is at a lower price. Maybe it will happen at the end of this month or the next month because there is no sign to the pump for the coming. We need to prepare ourselves if we want to take part in that moment because when the pump is coming, it will not happen for a long time. You need to wait and always check on the market, so you don't miss that moment.

[Slow death]

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

maybe what happened is this: some whale bought a lot and made the price go up and then people started to buy thinking that a lot of people are also buying and for this reason the price is going up and now that there are no more people to buy the price is stagnant at $9000, maybe drop to $8500

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..

if that were so then the price would continue to rise a lot, the rich when they do something always tell their rich friends and their rich friends would also buy bitcoin

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.

this has always been a market dominated by whales and it is unlikely that the price will reach $12,000 if cannot break $10500

[$crypto$]

Well, there's no harm in getting excited about the price of bitcoin after halving. but, given the current situation, it's quite difficult to speculate above $ 11k. however, the price of bitcoin so far has not exceeded the $ 10k price. it is possible that the increase will occur slowly. it might take months to see the price of $ 12k.

actually "after" halving there hasn't been that much excitement, historically speaking. usually all the excitement starts a month before halving and ends about a couple of days before the halving date. now that we are in after halving times, we have a much more stable market and a lot more accumulation rather than price rises. as we can see even with the increased number of FUD in the past couple of days the manipulators have failed to create any kind of drops while price still remains above $9k.
i wouldn't be surprised if we stayed here for at least another month. that would also be logical as the effects of 50% lower fresh supply could slowly show itself by then.

What should be happy after Halving has not been able to redeem $ 10k in the last few and even want to touch it again down, maybe it could be that the economic factors that occur at this time so high beyond that will not be so happening now.

Looking at the history before it is always impressive what it is halving, but this year everyone is silent seeing the movement of bitcoin which is so fluctuating and cannot be relied on anytime soon after halving.

[Ridwan Fauzi]

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.

You may need to read another prediction, but yeah it depend on yourself. You could stand to your prediction or you are make another analyst and compare with someone else prediction.

As you can see now, the price of bitcoin is hard to reach $10.000 barrier, its pricr just can reach $9900 barrier and after that we can see the dump came as has happened in two day ago.

There another thread on this section who discuss about halving event and there is a user who says that halving event is not give a good impact for bitcoin pricr directly, I mean in the same year.

You have to see the halving event that has happened at 2016 ago, the halving effect wasn't given an increase price for bitcoin but it neer one year for the pricr up more than 1000%, as we have seen the pricr bitcoin was up to $20.000 from $900, it was unbelievable.

[adaseb]

The CEO of Bitmex released their digest and it was a pretty good read. Basically many institutional investors are going into bitcoin to fight against inflation with all the money that is being printed right now. You can see how he analyzes this and shows that its reflected in the futures market premium and carry cost.

Currently the USD cashed settles futures have a larger premium than the BTC collaterized futures like Bitmex or Bybit or Deribit. So large wall street whales are buying the futures, and they are sold by people who hedge against spot. Its easier to hedge against spot because if you hedge against perps or futures and you use BTC are margin, you might get squeezed out like back in March .

So when this reverses it means the top is in.

[leyton11]

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.

I don't think it will break out of the strong resistance at $ 10k5. In fact, the price of bitcoin will still have to follow the world stock market. Now it is sideway because nothing has been done yet. in the United States and many European countries have not yet controlled their epidemics, so it is highly likely that an economic downturn will come. This will make the market sell off strongly. so I don't recommend buying bitcoin at this price, it's too risky.

[Oasisman]

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.

I don't think it will break out of the strong resistance at $ 10k5. In fact, the price of bitcoin will still have to follow the world stock market.

Cryptocurrency isn't dependent in the traditional market, and It never follows their economic movement. If there's a coincidence with both movements, it could be just an act of manipulation. As you noticed, we are currently experiencing an economic recession causes the GDP to fall in traditional market. But the cryptocurrency and Bitcoin remains in a strong level swinging in a safe region of $8,500 - $9,000 level.

[Distinctin]

Cryptocurrency isn't dependent in the traditional market, and It never follows their economic movement. If there's a coincidence with both movements, it could be just an act of manipulation. As you noticed, we are currently experiencing an economic recession causes the GDP to fall in traditional market. But the cryptocurrency and Bitcoin remains in a strong level swinging in a safe region of $8,500 - $9,000 level.

That's true, there's a lot of situation where we see the market does not correlate with what is happening in the economy.
However, we really can't completely say or judge the crypto market since it's very unpredictable, sometimes it follow's the traditional market, sometimes it does the opposite.

[sunsilk]

I don't think it will break out of the strong resistance at $ 10k5. In fact, the price of bitcoin will still have to follow the world stock market. Now it is sideway because nothing has been done yet. in the United States and many European countries have not yet controlled their epidemics, so it is highly likely that an economic downturn will come. This will make the market sell off strongly. so I don't recommend buying bitcoin at this price, it's too risky.

If it's just a few weeks ago, it's highly recommended to buy bitcoin but that's not the case. Long term holders would certainly buy at any price as long as they have an aim to see for better highs for bitcoin. The cost averaging is working for those who use that strategy.

Have you seen the time when oil was massively dropping and it made a noise worldwide? that didn't have any relation to bitcoin. Despite the downturn for oil, bitcoin didn't reacted on that.

[monineklutak]

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.

before I analyze prices, I always look at history, and now history 4 years ago when it was finished Halving the price of Bitcoin went up high after 2 years of halving, I predict that the price of Bitcoin has the same opportunity to experience a high rise in 2021 or 2022, hopefully it will come true

[SquallLeonhart]

This is not even that much of a "bull run" if you would like to call that. This is more like a reverse correction when price didn't have to fall and the reason why it went down was some dude sold some of his coins from way back and everyone was afraid it was satoshi nakomoto himself but it turns out it wasn't him at all, it was someone else.

Right now, people are basically just recovering from that because everyone sold thinking it was satoshi so that fall was for nothing at all and they shouldn't have sold, was a wrong alarm bell, now they are buying again because they know the truth now. It doesn't have to be all because of that, some moves trigger other moves, so maybe it all started with this but then it just became a thing of its own, but eventually we all knew it would recover.

[pixie85]

Cryptocurrency isn't dependent in the traditional market, and It never follows their economic movement. If there's a coincidence with both movements, it could be just an act of manipulation. As you noticed, we are currently experiencing an economic recession causes the GDP to fall in traditional market. But the cryptocurrency and Bitcoin remains in a strong level swinging in a safe region of $8,500 - $9,000 level.

That's true, there's a lot of situation where we see the market does not correlate with what is happening in the economy.
However, we really can't completely say or judge the crypto market since it's very unpredictable, sometimes it follow's the traditional market, sometimes it does the opposite.

It's unpredictable because it's manipulated.

There was a recent study done by a group of economists that showed both gold and bitcoin markets were manipulated to drop in March.

With Bitcoin it was pointed out that bitmex had a lot to do with that crash. It's not bitcoin it self that crashed but one exchange did and that caused international panic.

I'm sure that 10 thousand will be broken soon. We are coming back to this telev too often and it weakens the resistance.

[$crypto$]

Cryptocurrency isn't dependent in the traditional market, and It never follows their economic movement. If there's a coincidence with both movements, it could be just an act of manipulation. As you noticed, we are currently experiencing an economic recession causes the GDP to fall in traditional market. But the cryptocurrency and Bitcoin remains in a strong level swinging in a safe region of $8,500 - $9,000 level.

That's true, there's a lot of situation where we see the market does not correlate with what is happening in the economy.
However, we really can't completely say or judge the crypto market since it's very unpredictable, sometimes it follow's the traditional market, sometimes it does the opposite.

And we should know that the crypto market is now always associated with the global economy or the stock market because now the difference is only up and the crypto market is always surprising when there is bad news so this is worse for the crypto market.

But my view Bitcoin will continue to try to push to higher numbers with pumping now could be a reference to continue to redeem to $10,000 I hope this week can happen.