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Author Topic: Why Bitcoin is rising suddenly ?  (Read 693 times)
OgNasty
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October 20, 2020, 04:34:18 PM
 #101

These puny little increases barely register. Trust an old timer when I say that you ain’t seen nothing yet.

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October 21, 2020, 02:53:27 AM
 #102

When the price of Bitcoin is low and its price continues to rise suddenly, this is why the price is rising.  But it can be seen that increasing or decreasing the price is a general policy of Bitcoin.  But sometimes if the value of bitcoin goes too high or too low, it can be a matter of discussion.

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October 21, 2020, 04:41:27 AM
 #103

This is just a minor rise in price due to supply and demand. There is nothing special about this.
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October 21, 2020, 04:49:19 AM
 #104

Based on data I saw in CMC the price of bitcoin went up within a few hours about $700, which was originally $10600 now at $11375, whether this is just a manipulation as whales do to provoke the ongoing FOMO, which then whales will take profit and the price will dump or will rise steadily until the end of the year as experts predict until it rises to $12000
Welcome to the world of cryptocurrency in which the value is volatile and everything can change in a second or minute.
Bitcoin Price as i speak is sitting at $12,00 because of the rise happens last night about 500$ growth.
If you are asking for specific answer then there is none,because it is depending in which the investors putting their money and invest big,this way the price will go up.

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October 21, 2020, 04:52:18 AM
 #105

This is just a minor rise in price due to supply and demand. There is nothing special about this.

Yeah, but the social media guys are pitching high on it saying that it breaks 12k and now the whales are in. I am personally not a fan of Youtube trading experts but sometimes they often appear in recommendations.

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October 21, 2020, 08:55:15 AM
 #106

When Bitcoin starts to grow it rises at the speed of a storm. This is the nature of Bitcoin, Look at Man-made disasters, said natural disasters, nothing has not been able to stop the movement of Bitcoin to date. Bitcoin moves at its own pace.

Yes, bitcoin shows its identity which is regarded as the best and most trusted coin which makes many investors compete to hold and hold for profit. Bitcoin will continue to run with movements that are certainly unpredictable and can make exploding profits at any time.
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October 21, 2020, 12:15:18 PM
 #107

When Bitcoin starts to grow it rises at the speed of a storm. This is the nature of Bitcoin, Look at Man-made disasters, said natural disasters, nothing has not been able to stop the movement of Bitcoin to date. Bitcoin moves at its own pace.

Yes, bitcoin shows its identity which is regarded as the best and most trusted coin which makes many investors compete to hold and hold for profit. Bitcoin will continue to run with movements that are certainly unpredictable and can make exploding profits at any time.

As the current movement where it surpass at $12,000 price level I'm sure it gather another attention again to those people who look after the bull run and maybe some are been hype for the current situation. Maybe we can see it surpass the $13,000 since the potential by this time is so huge. But again let's not still monitor the market since whenever the backwards happen then we can sell out and collect our profit and buy when price go cheap.

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October 21, 2020, 12:47:44 PM
 #108

This is just a minor rise in price due to supply and demand. There is nothing special about this.

Yeah, but the social media guys are pitching high on it saying that it breaks 12k and now the whales are in. I am personally not a fan of Youtube trading experts but sometimes they often appear in recommendations.

theres people that have a little enjoyment and those are the people that you saw and it can be also an encouragement to others so that they will know that btc are now starting to go back on its old form .

how do you know that whales are in ? because you saw it ln youtube recomendations ? but be careful because that might only be a clickbait  . 12k usd is small for the whales to enter but whales want higher btc prices before they make a move  .
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October 21, 2020, 02:41:38 PM
 #109

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October 21, 2020, 05:21:54 PM
 #110

Based on data I saw in CMC the price of bitcoin went up within a few hours about $700, which was originally $10600 now at $11375, whether this is just a manipulation as whales do to provoke the ongoing FOMO, which then whales will take profit and the price will dump or will rise steadily until the end of the year as experts predict until it rises to $12000
Bitcoin's volatility has decreased in the last 4 months, I don't know what this means,
whether it will experience a drastic increase, or it will experience a terrible decline.
indeed some experts say that we will find $ 12000 soon, but it is still not working, there must be a strong fomo.
It looks like we are seeing a sharp increase in the price of bitcoin and the entire cryptocurrency market. Today the bitcoin price crossed the $ 12,000 mark and during the day rose to the current $ 12,822. The ethereum price also rose quite well, reaching $ 396.
This year, Bitcoin has already crossed the $ 12,000 mark several times and rolled back some time ago. However, there has never been such a rapid growth since then. It all adds up to the fact that bitcoin will continue to grow in price.

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October 21, 2020, 09:26:09 PM
 #111

These puny little increases barely register. Trust an old timer when I say that you ain’t seen nothing yet.

$1,000 daily candles like today are pretty tasty. Tongue

But yeah, still nothing like the $3,000-$5,000 candles we were seeing during the 2017 bubble. In the next bull run, I expect to see the first $10K single day gain.

Everything is going to feel pretty tame until the old ATH is broken. That's when things tend to go vertical.

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October 21, 2020, 09:51:12 PM
 #112

These puny little increases barely register. Trust an old timer when I say that you ain’t seen nothing yet.

$1,000 daily candles like today are pretty tasty. Tongue

But yeah, still nothing like the $3,000-$5,000 candles we were seeing during the 2017 bubble. In the next bull run, I expect to see the first $10K single day gain.

Everything is going to feel pretty tame until the old ATH is broken. That's when things tend to go vertical.
Yeah, its already a considerable profit to those who bought earlier and or to those who had been doing active trades. $1k candle on single day isn't something usual that you can
experience or you would get in day to day basis.So its better to secure things up rather than regretting on missing up some profit opportunities.

This had been always a question that would rise or pop out when bitcoins price tend to rise up suddenly and even on a 1k usd candle then people will normally react
telling that this is already the bull run.

If this movement do sustains then we might be seeing the ATH a little too soon on that case but im not really hoping that much though yet
this will surely be hell of a bumpy ride.


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October 22, 2020, 11:42:13 PM
 #113

It looks like we are seeing a sharp increase in the price of bitcoin and the entire cryptocurrency market. Today the bitcoin price crossed the $ 12,000 mark and during the day rose to the current $ 12,822. The ethereum price also rose quite well, reaching $ 396.
This year, Bitcoin has already crossed the $ 12,000 mark several times and rolled back some time ago. However, there has never been such a rapid growth since then. It all adds up to the fact that bitcoin will continue to grow in price.
Yeah, bitcoin has proven today that he’s tired of being at $12000 which has happened several times, and hasn’t been able to break through more than $12000 this year. But today we can already see that bitcoin continues to increase suddenly, now the price is already in the range $12,995 is down about 0.25%. Even if I didn’t get it wrong, bitcoin got through at $13000 this morning. Now the movement is quick, while I’m writing on this thread.

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