The bitcoin pump on March 12

[BrewMaster]

The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.

history repeats.
the important question is how many of us are going to learn from it.

[1715282013]

1715282013

[1715282013]

1715282013

[JoyMarsha]

I don't trust this kind of price pump of bitcoin. Investors who are going to invest out of FOMO are falling into a trap. Bitcoin is still in the correction stage; it is still too early for an unexpected price increase. Within a few days, bitcoin will revert to its previous price of at least $21,000. No one should rush to rejoice the recent increase in the price of bitcoin. The bear market is still on

[Fundamentals Of]

The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.

history repeats.
the important question is how many of us are going to learn from it.

A few will, the rest will once again be caught the next time history repeats once more.

But for as long as there are banks, shady and poorly mismanaged, operating within a questionable set of self-serving rules like fractional reserve and whatnot, running as part of the dilapidated fiat system, there will always be reminders. One of the main reasons why there is Bitcoin will surface every now and then in an impactful manner.

It is good. We will never be running out of reminders of Bitcoin's relevance.

[Ayers]

I don't trust this kind of price pump of bitcoin. Investors who are going to invest out of FOMO are falling into a trap. Bitcoin is still in the correction stage; it is still too early for an unexpected price increase. Within a few days, bitcoin will revert to its previous price of at least $21,000. No one should rush to rejoice the recent increase in the price of bitcoin. The bear market is still on

I agree that we are still in bear season, and with black swan events happening to the world economy, a bull season cannot be expected this year. But bitcoin has been rising from the bottom, and we don't need to be too cautious or pessimistic but take advantage of this period. Those who bought bitcoin for $15k last year made huge profits, and it's worth celebrating. In the long term, we need to be sober, but in the short time, this month, I think bitcoin will continue to bring joy to everyone; enjoy.

[fzkto]

I don't trust this kind of price pump of bitcoin. Investors who are going to invest out of FOMO are falling into a trap. Bitcoin is still in the correction stage; it is still too early for an unexpected price increase. Within a few days, bitcoin will revert to its previous price of at least $21,000. No one should rush to rejoice the recent increase in the price of bitcoin. The bear market is still on

I don't know what bear season you're talking about, but the crypto market has been rising for 3 months now. And what happened to the price recently could mean a turning point and the start of a new trend. Even if the price goes back to 21k, it will continue to rise. Anyway, I have seen similar patterns already before two bullish seasons.

[Kadal Ijo]

March 12 will be a record that everyone will continue to talk about and remember, the increase that occurred once reached 20% so that bitcoin became the top trending on many social media, I believe the factor that made the price skyrocket on March 12 was positive sentiment from an optimistic market that bitcoin will reach $100k in this year.

[Macadonian]

The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.

history repeats.
the important question is how many of us are going to learn from it.

No one will learn any thing this is the 3rd time the banks are being bailed out and the 2nd time in this decade. Do you think people will learn from their mistakes? The banks are funded by the poor and most people cannot survive without banks until employers and companies start paying their wages in Bitcoin they are not going to learn they are just going to move their money to other banks that have not been bailed out. I bet some people think this is positive that the government are willing to forgive the banks and secure them when things go wrong and see that as security when it is not.

[Hallroom]

Bitcoin price will increase in the future but it is impossible to be sure whether Bitcoin will go down or up in the current position. So the price of Bitcoin can go up to 30K in March. The price of Bitcoin will increase massively in the future which is why the current position is very bad for Bitcoin.  If it survives this blow, the price of Bitcoin will surely cross one hundred thousand dollars.

[bettercrypto]

I don't trust this kind of price pump of bitcoin. Investors who are going to invest out of FOMO are falling into a trap. Bitcoin is still in the correction stage; it is still too early for an unexpected price increase. Within a few days, bitcoin will revert to its previous price of at least $21,000. No one should rush to rejoice the recent increase in the price of bitcoin. The bear market is still on

Looks like we feel the same way about that. The recent pumping of bitcoin to 26k$ made me doubt it too much to be honest. I am thinking and looking at bitcoin's chart or graph that it may fall again to 20k-21k$.

    I just don't know if others here noticed the pattern of the candlesticks why I said it will fall by 20k$-21k$ in a few days or weeks from now. This is in agreement with my technical analysis.

[ethereumhunter]

March 12 will be a record that everyone will continue to talk about and remember, the increase that occurred once reached 20% so that bitcoin became the top trending on many social media, I believe the factor that made the price skyrocket on March 12 was positive sentiment from an optimistic market that bitcoin will reach $100k in this year.

That's just the beginning and it could have taken a lot of people by surprise especially if the price suddenly shot up to $30k or more. People will think it's time for bitcoin to bounce back, but let's hope they can calm down, keep investing, and get ready to see another correction.

After yesterday's increase, the bitcoin price has been corrected again and now it seems stable at first. Hopefully, the bitcoin price can increase again next week. We hope that the bitcoin price can reach its final ATH price this year even though it looks difficult to achieve. But anything can happen and we will see very soon.

[Lubang Bawah]

The thing that always makes bitcoin interesting is that the opportunity to skyrocket can occur when most people think that bitcoin has no chance to go up, March 12 will often be remembered by many users because of the fantastic increase that reached 20% in a day even though it finally went down again, lucky for those who buy under $20k then sell on March 12th for over $26k, but I believe prices will continue to rise in 2023.

[BrewMaster]

The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.

history repeats.
the important question is how many of us are going to learn from it.

No one will learn any thing this is the 3rd time the banks are being bailed out and the 2nd time in this decade. Do you think people will learn from their mistakes? The banks are funded by the poor and most people cannot survive without banks until employers and companies start paying their wages in Bitcoin they are not going to learn they are just going to move their money to other banks that have not been bailed out. I bet some people think this is positive that the government are willing to forgive the banks and secure them when things go wrong and see that as security when it is not.

don't say no one. what are we then?
we are the few who see beyond the bailouts and see the failure of the financial system then choose the exit rout that is bitcoin. every time there is a catastrophe, there are more people who "wake up" to see that failure.

[Nrcewker]

Currently Bitcoins are at almost 27k usd. This is a great sign to be honest. The pump and hype is real. I guess March will be really big for Bitcoins. Finally we can claim that we are in the Pre pump era, and anything can happen from here. At first February surprised us from suddenly jumping from 19k to 25k and now again March is surprising us. If at the end of March we cross 30k usd, then definitely we might see a new ATH price of the coin. Fingers crossed, let’s hope for the best for the long term holders .

[Pujangga]

Currently Bitcoins are at almost 27k usd. This is a great sign to be honest. The pump and hype is real. I guess March will be really big for Bitcoins. Finally we can claim that we are in the Pre pump era, and anything can happen from here. At first February surprised us from suddenly jumping from 19k to 25k and now again March is surprising us. If at the end of March we cross 30k usd, then definitely we might see a new ATH price of the coin. Fingers crossed, let’s hope for the best for the long term holders .

I'm more optimistic when I see prices continue to rise, I'm sure many are panic buying because they see another bull run market, we shouldn't get complacent and can only see prices going up without taking any action, it's better to buy as much as we can and we can get big profits in a short time.

[KingsDen]

Bitcoin has been pumping that begun since more than 8 hours. This might be because it appears that the department of treasury of America and the Federal Reserve are going to give Silicon Valley Bank and Signature Bank the funding and the cashflow that they are needing to give their depositors 100% of their money.

Does it necessarily mean that at every pump that bitcoin does there is always a fundamental behind it?
As bitcoin price drops can't it naturally go on without being influenced by any news such as US adoption, US inflation index and so on.?
Does it mean that the index of over buy and over sell does no longer imply in itcoin price fluctuations?

Well, you could be right about Op, but I have also heard news of CZ buying coins worth over a billion which could also be a factor

[Jating]

Bitcoin has been pumping that begun since more than 8 hours. This might be because it appears that the department of treasury of America and the Federal Reserve are going to give Silicon Valley Bank and Signature Bank the funding and the cashflow that they are needing to give their depositors 100% of their money.

Does it necessarily mean that at every pump that bitcoin does there is always a fundamental behind it?
As bitcoin price drops can't it naturally go on without being influenced by any news such as US adoption, US inflation index and so on.?
Does it mean that the index of over buy and over sell does no longer imply in itcoin price fluctuations?

Well, you could be right about Op, but I have also heard news of CZ buying coins worth over a billion which could also be a factor

Yes, this could be one of the reasons though, but we all know that there are a lot of banks being saved now and being bail out by government and it's a sign that they might be printing a lot of money.

And if they are printing a lot of money then it's going to be devalued at some point. And where does people go then so that what they hold won't lost any value, then obviously it will be with crypto like bitcoin because that's how it was design by Satoshi. That's why someone has pointed out that history repeats itself. And that's how we should value BTC more than ever.

[Pejoh Asu]

March 12 then becomes a special note that will be remembered, bitcoin users will make March 12 as motivation when they feel the red market, the increase that occurred more than 17% in a day proves that the bitcoin community is very strong, at that time the transaction volume reached more than $ 54 billion and keep the haters silent, almost all social media and business tv reports about this so that it becomes a motivation for us to continue buying and are optimistic that this year the price can reach $ 100k.

[CageMabok]

March 12 then becomes a special note that will be remembered, bitcoin users will make March 12 as motivation when they feel the red market, the increase that occurred more than 17% in a day proves that the bitcoin community is very strong, at that time the transaction volume reached more than $ 54 billion and keep the haters silent, almost all social media and business tv reports about this so that it becomes a motivation for us to continue buying and are optimistic that this year the price can reach $ 100k.

Such a sharp increase with a very short duration is something very extraordinary and will often be remembered by traders, investors and also the media who often cover cryptocurrency and Bitcoin news. Because it includes a very sharp and very fast increase in Bitcoin with a fairly large percentage and now Bitcoin is still in the $27K price range which for this month I am more optimistic for the $30K price if the increase continues though I haven't thought about a $100K price for Bitcoin this year.

[Pujangga]

The increase that occurred on March 12 or exactly a week from now proves that the bitcoin community is very solid and strong, the price rose more than 20% in 24 hours and will always be remembered, of course this is a positive sign for us that this year the market will skyrocket again so that when price drop then will not panic.

[19Nov16]

What is happening with bitcoin right now has surprised the world, when most types of investments are difficult to profit and many have even gone bankrupt but bitcoin this week has gone up more than 35% and another fantastic thing is that in a day or March 12, 2023 it has gone up more than 18%, this certainly silenced the haters who continued to spread FUDs, they were stressed because the mission to cause panic failed.