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KryptoKings (OP)
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April 26, 2021, 08:01:34 PM
 #61

JPMorgan to Let Clients Invest in Bitcoin Fund for First Time: Sources
Is this the News that will give BTC some push? I am seeing BTC has started to go up again and just one or two more good news, and we will cross $60 again Smiley
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April 26, 2021, 08:59:32 PM
 #62

JPMorgan to Let Clients Invest in Bitcoin Fund for First Time: Sources
Is this the News that will give BTC some push? I am seeing BTC has started to go up again and just one or two more good news, and we will cross $60 again Smiley
Lets put up some source link about this news: https://www.coindesk.com/jpmorgan-to-let-clients-invest-in-bitcoin-fund-for-first-time-sources

When it comes to sentiment if this would be a good catalyst then yes it is but lets see if it would be significant that it could raise up the price in the market.

Passing now that 60k barrier does really need more sentiments or news like these but im not really that much off comfortable when things are attached
into those institutional fellas or corporations or companies etc.

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April 27, 2021, 05:13:39 AM
 #63

This is very positive news, some are still confused, and as they discover that the market is reacting little by little, as Elon Musk is responding to the Bitcoin Pump and Dump accusations, Elon said that he only collected 10% of his Crypto holdings to test asset liquidity:

Elon Musk Addresses Accusations About Pumping and Dumping Bitcoin


Source: https://u.today/elon-musk-addresses-accusations-about-pumping-and-dumping-bitcoin

I think this reaction is being seen in the market, at least the price of Bitcoin is taking the direction of the Bullish state that it was leading. And not only this, but altcoins are showing signs of a lot of recovery, it is seeing a good omen overall for both Bitcoin and altcoins.

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April 27, 2021, 05:39:08 AM
 #64

Elon Musk is a billionaire why would he want to buy bitcoin, then announce Tesla bought some and then sell for double the price. That Dave Portnoy guy is always going to be negative when it comes to crypto because he is bad at investing in it.

I think when the stock market started to boom back in May 2020, people kept telling him to invest in crypto. He didn't listen until maybe 6 months later when he bought BTC and Chainlink at the top and sold for a huge 20% loss or so. He called it a scam and haven't looked back.

Then I think he bought back again when we hit $65K or so and most likely he is underwater again.

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April 27, 2021, 06:42:24 AM
 #65

Well, I don't know what big news will be ahead, but right now, I really want to see bitcoin prices over $ 60k again. I know that currently there is a price correction due to the very high pump yesterday. currently, the price is quite good, and there is a possibility that there will be another increase. however, I still hope there will be good news for the cryptocurrency world.

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April 27, 2021, 08:50:12 AM
 #66

Well, I don't know what big news will be ahead, but right now, I really want to see bitcoin prices over $ 60k again. I know that currently there is a price correction due to the very high pump yesterday. currently, the price is quite good, and there is a possibility that there will be another increase. however, I still hope there will be good news for the cryptocurrency world.
We are not aware of what is going behind the screens but I am confident about some big news are happening right now as bitcoin market is trading too strong last two days. It seems we are directly going to test $60k levels by without respecting the resistance levels around $55k levels.

Like before when bitcoin will be testing new ATH around $65 to $70k, I guess people will reveal what caused this kind of strong bull run like how much they have invested when bitcoin was trading below $50k and how many bitcoin they have collected and their average buying prices etc Wink.

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April 27, 2021, 09:05:15 AM
 #67

After PayPal, which next business giant is going to endorse Bitcoin?

not all companies can create a big price increase like Elon Musk did this year, but there are other giants that could have the same big impact on the price and in my opinion are: Ebay, Netflix and the most important of them is without a doubt: "amazon and Jeff Bezos". if these companies adopted bitcoin publicly then the bitcoin price would be over $130,000

What should we expect in coming days that can push btc to more adoption and expedite it's March towards $1 million?

$1 million? It is a great exaggeration, even if it was 3 years from now it is a very exaggerated price

So all we could expect would be to see more strong hands and traders getting real and holding for a short while, allowing the price grow as it should.

if all people decide to stop selling bitcoin then who will buy and how would the price increase without having buyers?

Don't expect someone gives another hype for the bitcoin like Elon musk did.

there is still space for more large companies to enter this market

The Bitcoin price doesn't need "good news" in order to grow.We need more buyers,both institutional and small buyers.I think that the buyers will increase their purchases after a price correction.

in every investment the good news is something fundamental, bitcoin would be no different

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April 27, 2021, 10:38:39 AM
 #68

if all people decide to stop selling bitcoin then who will buy and how would the price increase without having buyers?

The buyers and the sellers are not the same people (OK, the day traders are an exception from this rule). So if there will be less sellers it doesn't mean that there will be less buyers. You made up a relation that doesn't exist.
If the number of weak hands decreases then:
* if the number of buyers is at least the same, the price will grow
* if the number of buyers decrease then the price won't decrease (because people won't rush to sell)

This is (based on) how market works, after all...

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April 27, 2021, 10:56:27 AM
 #69

if there will be less sellers it doesn't mean that there will be less buyers.
Theoretically if there will be less sellers then prices will jump up high.
If you notice gaps in market, that means there is a strong trend is going on and people do cancel their orders.

If there is no seller in markets then buyers will go cray and will be ready to buy at whatever price strike on their mind which may convince someone and then may decide to sell on those crazy prices.

All today's buyers are tomorrow's sellers if there will be a convincing price available. So, theoretically all people may not stop selling.

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April 27, 2021, 11:08:41 AM
 #70

Well, I don't know what big news will be ahead, but right now, I really want to see bitcoin prices over $ 60k again. I know that currently there is a price correction due to the very high pump yesterday. currently, the price is quite good, and there is a possibility that there will be another increase. however, I still hope there will be good news for the cryptocurrency world.
Correction and also some FUD going on, but look at the market closely

https://coinmarketcap.com/

It looks like bitcoin is nearing 55,000 again and may Hit 60k once more next days.

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April 27, 2021, 11:39:10 AM
 #71

not all companies can create a big price increase like Elon Musk did this year, but there are other giants that could have the same big impact on the price and in my opinion are: Ebay, Netflix and the most important of them is without a doubt: "amazon and Jeff Bezos". if these companies adopted bitcoin publicly then the bitcoin price would be over $130,000

I think also from Asia we have big companies that if they suddenly embrace Bitcoin in a big way (the same way that Tesla did) then we will see a lot of craziness happen.

I bet you,,, if Jack Ma and Alibaba suddenly announces even 10% of their portfolio goes into BTC, it will create a huge FOMO among Chinese investors like never seen before.

.
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April 27, 2021, 12:13:58 PM
 #72

not all companies can create a big price increase like Elon Musk did this year, but there are other giants that could have the same big impact on the price and in my opinion are: Ebay, Netflix and the most important of them is without a doubt: "amazon and Jeff Bezos". if these companies adopted bitcoin publicly then the bitcoin price would be over $130,000

I think also from Asia we have big companies that if they suddenly embrace Bitcoin in a big way (the same way that Tesla did) then we will see a lot of craziness happen.

I bet you,,, if Jack Ma and Alibaba suddenly announces even 10% of their portfolio goes into BTC, it will create a huge FOMO among Chinese investors like never seen before.

There are so many adoption happening in Asia which really gives a good exposure to people who doesn't know about it and provably we can see more from it as many investors now are putting their trust to bitcoins at this moment. Hopefully we cannot see more dumps like crazy fast slide so that those businessman will flip their decision to embrace bitcoin unto them. But if the giants you mention will announce bitcoin to be accepted on their platform provably we can see the price surge up more faster.

R


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April 27, 2021, 06:14:21 PM
 #73

Well, I don't know what big news will be ahead, but right now, I really want to see bitcoin prices over $ 60k again. I know that currently there is a price correction due to the very high pump yesterday. currently, the price is quite good, and there is a possibility that there will be another increase. however, I still hope there will be good news for the cryptocurrency world.
Correction and also some FUD going on, but look at the market closely

https://coinmarketcap.com/

It looks like bitcoin is nearing 55,000 again and may Hit 60k once more next days.
Currently we cannot predict where the market will move because in recent days Fomo and Fud have been hitting bitcoin, so it's better for now we have to wait for the right time and enter when the market is really in good shape. if we are too reckless right now, it certainly does not rule out the possibility that we can be trapped in losses later.

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April 27, 2021, 11:18:15 PM
 #74

Btc is hovering between $56k to $58k, it needs some more good news to cross this $60 mark.
After PayPal, which next business giant is going to endorse Bitcoin?
What should we expect in coming days that can push btc to more adoption and expedite it's March towards $1 million?
In this bull season there are lots of rumors of bad news and good news, yes a lot, this is common when bulls arrive because many people want to buy at the base price, and whales are playing with it all, this April bitcoin has dumped hasn't reached 10 % so we have to be careful in trading, when talking about good news, you can see a lot of good news about bitcoin on the internet, mate. The current hype is about Binance Nfts and Facebook buying bitcoins when Tesla sells them.

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April 27, 2021, 11:21:45 PM
 #75

Btc is hovering between $56k to $58k, it needs some more good news to cross this $60 mark.
After PayPal, which next business giant is going to endorse Bitcoin?
What should we expect in coming days that can push btc to more adoption and expedite it's March towards $1 million?

That too much, let's be optimistic here and what I am hoping to see for the future target was at $70k and up. It's only a bubble price speculations, which I think difficult to achieve and yet we're still struggling to reach $100k  for the main time. Maybe if everything went good in the future, I think strong foundation will be established someday and btc will set the world to adopt digital currency.
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April 28, 2021, 08:50:10 AM
 #76

Visa CEO says payments giant is moving into crypto in a 'very big way'
If this is not going to push prices up then what will? Every day I get to hear some good big news about BTC or crypto. It is pleasing to know crypto time has arrived and we will see more good news to pour in.
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April 28, 2021, 04:00:25 PM
 #77

There are so many adoption happening in Asia which really gives a good exposure to people who doesn't know about it and provably we can see more from it as many investors now are putting their trust to bitcoins at this moment. Hopefully we cannot see more dumps like crazy fast slide so that those businessman will flip their decision to embrace bitcoin unto them. But if the giants you mention will announce bitcoin to be accepted on their platform provably we can see the price surge up more faster.

Like I said before,,, adoption is big in Asia but it might take another big big company and I guess in China now there is no bigger name and personality than Jack Ma in the tech and commercial world. He has the biggest days of shopping especially during singles day. Imagine if he starts accepting BTC and puts even promos/discount just for it. It will be huge FOMO.

.
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April 28, 2021, 04:27:50 PM
 #78

Good news is on the way as people start accepting bitcoin and showed their interest towards bitcoin it will definitely effect the market and bitcoin will again reach its all time high price. Currently trading at 54k$ and will cross 60k$ in 2-3 days.
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April 28, 2021, 06:26:31 PM
 #79

Good news is on the way as people start accepting bitcoin and showed their interest towards bitcoin it will definitely effect the market and bitcoin will again reach its all time high price. Currently trading at 54k$ and will cross 60k$ in 2-3 days.
May I know what kind of good news is going to happen for all of us? You mean crossing $60k as a good news?

I am somehow familiar with those things.

When there will be no significant events are happening within bitcoin ecosystem, bitcoin itself is having the capability of creating triggers for moving ahead. People do refer it like FOMO. Just because of technical alone, I have seen bitcoin is moving forward and people start reacting to catch cheaper prices which will again helping bitcoin to move further. I mean there is no big news is always needed. Basics of bitcoins are more than enough to drive markets positive.

.
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April 28, 2021, 06:43:56 PM
 #80

JPMorgan to Let Clients Invest in Bitcoin Fund for First Time: Sources
Is this the News that will give BTC some push? I am seeing BTC has started to go up again and just one or two more good news, and we will cross $60 again Smiley

Just like when PayPal announce that they are supporting this system, lots of positive movements take place and now we see how known
businesses and personalities influenced the market.

With this move from JPMorgan we'll be expecting impacts in coming weeks or months, those clients will bring good positive movements

Knowing that most of the banks investors are institutional types which are willing to take the long ride.

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