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Odusko
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July 10, 2023, 05:54:07 PM
 #101

I think the recent rise in the price of Bitcoin can be due to the positive news, investor speculation, and increased mainstream awareness of the cryptocurrency. This pump is likely to have an impact on the cryptocurrency market as a whole by increasing the interest and prices of other crypto assets. However, high price fluctuations and investment risks need to be watched out for in the volatile cryptocurrency market.
That is right because this outcome can not be pushed up by just one single factor and that is why it is hard for us to point out that the factor is this and that because bitcoin is an organic asset and for that, its price movement is left for speculation and that is why there has been so much speculation in the market today.
From the comments of multiple users here, their point to the sec decision is the trigger for the recent market rise and if we look closely bitcoin was already gaining momentum before the sec vs Binance shit happened and I can't still say that has anything to do with the price movement.

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Silberman
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July 10, 2023, 08:22:42 PM
 #102

That is the simplest terms, people should realize that it's all about buying and selling, nothing more. If the market is willing to buy more and more then we are going to see it do very well, if the market just wants to sell and get rid of then we are going to see it do terribly. That has been the way any market has worked for a long time.

Even for simplest things, like let's say tomatos, if in a single season tomatos are not sold very well and people are not buying it for some reason, the price of tomato will fall just to sell it before it goes bad, but if people are buying it a lot, there will be less left and the price would go up. That's how it all works and I believe that should be the same thing with bitcoin as well.
And you are right, it took a lot of time for people to figure out the law of supply and demand but once we did so we made progress in understanding how the economy works, most of the time people try to find some kind of fundamental news to explain the movements of bitcoin, however there have been many instances in which negative or positive news produce no effect on the market, this tell us most events are not really that important and do not move the markets, what moves the markets is the demand for bitcoin and its supply and nothing more.
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July 10, 2023, 08:32:41 PM
 #103

I'm curious about the recent pump in Bitcoin's price. What are your thoughts on the factors that contributed to this surge? Do you believe it was primarily driven by positive news, investor speculation, increased mainstream awareness, or a combination of these factors? How do you think this pump will impact the overall cryptocurrency market? Looking forward to hearing your insights and opinions!"
Actually, in a normal circumstances what triggers the acceleration of bitcoin is as result of the gravity of demands in the market and in other ways what makes bitcoin to have a higher demand is when their is a positive information or speculation circulating concerning propagation of bitcoin, actually its not really ideal to make a particular emphasis or point of bitcoin, because you can predict the price of bitcoin now and reaching tomorrow the price fall below your predictions or increases above your analysis concerning bitcoin increment, so therefore I will not mention a specific time bitcoin price  can be stagnant for awhile

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July 12, 2023, 04:55:24 PM
 #104

I'm curious about the recent pump in Bitcoin's price. What are your thoughts on the factors that contributed to this surge? Do you believe it was primarily driven by positive news, investor speculation, increased mainstream awareness, or a combination of these factors? How do you think this pump will impact the overall cryptocurrency market? Looking forward to hearing your insights and opinions!"

I've been saying it quite before that when it's already in a bull market, it will be obvious. Do you think it is obvious that it is going higher? Then why do you think you are doubting the move? That exact feeling is when many investors are left out of the opportunity presented to them. The pump of BTC will always impact the whole crypto market because it always have the dominance overall by means of its market cap. On my analysis, that pump could be just a bait for more short positions. So I will remain liquid until I see a clearer picture for my technical analysis and fundamental analysis such news and more of seasonal tendency.

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wmaurik
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July 13, 2023, 02:52:35 PM
 #105

I think, the recent rise in the price of Bitcoin can be due to the positive news, investor speculation and increased mainstream awareness of the cryptocurrency. This pump is likely to have an impact on the cryptocurrency market as a whole by increasing the interest and prices of other crypto assets. However, high price fluctuations and investment risks need to be watched out for in the volatile cryptocurrency market.
I think more that the price increase that is starting to happen frequently now is due to the high interest among investors and also new traders who are starting to want to buy Bitcoin in any amount so that there is an increasing push that is always seen besides being caused by positive news and also speculation that is born lately. I also hope that better pumps and support can continue in Bitcoin in this year so that Bitcoin can be at a better price than it is now.

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skarais
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July 13, 2023, 06:36:31 PM
 #106

~~~
I think more that the price increase that is starting to happen frequently now is due to the high interest among investors and also new traders who are starting to want to buy Bitcoin in any amount so that there is an increasing push that is always seen besides being caused by positive news and also speculation that is born lately. I also hope that better pumps and support can continue in Bitcoin in this year so that Bitcoin can be at a better price than it is now.
Investor interest in buying bitcoin as a long term investment has increased as they really expect huge returns after the halving. That potential return is totally to be expected considering ATH usually looks so real less than 2 years after the halving. Currently the price of bitcoin is still relatively low for long-term investment, so they start preparing now, not later.

I can also advise you to set it up now if you haven't already, but stick with the strategy you've used the most so far. DCA is definitely very helpful when the market is really unstable due to several sales.

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Bushdark
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July 13, 2023, 10:33:14 PM
 #107

I'm curious about the recent pump in Bitcoin's price. What are your thoughts on the factors that contributed to this surge? Do you believe it was primarily driven by positive news, investor speculation, increased mainstream awareness, or a combination of these factors? How do you think this pump will impact the overall cryptocurrency market? Looking forward to hearing your insights and opinions!"
The market will move to any direction and I don't think it is something we can manipulate and determine ourselves without trying hard to guess what the price of Bitcoin could be at a certain time of the year. Those who had been in the market for some many years now will understand that the market does not move at our own pace. Even though we predict and things went in the way we have predicted the market, that does not mean that we really understand or know how the market works. All our opinions are based on guesses and that is what the market is all about to trade in the market.









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July 13, 2023, 10:40:44 PM
 #108

I'm curious about the recent pump in Bitcoin's price. What are your thoughts on the factors that contributed to this surge? Do you believe it was primarily driven by positive news, investor speculation, increased mainstream awareness, or a combination of these factors? How do you think this pump will impact the overall cryptocurrency market? Looking forward to hearing your insights and opinions!"
The market will move to any direction and I don't think it is something we can manipulate and determine ourselves without trying hard to guess what the price of Bitcoin could be at a certain time of the year. Those who had been in the market for some many years now will understand that the market does not move at our own pace. Even though we predict and things went in the way we have predicted the market, that does not mean that we really understand or know how the market works. All our opinions are based on guesses and that is what the market is all about to trade in the market.
Trying to guess the movements of the market is important for traders as that is the way they can make money, but at the same time I think too many of them make too great of a deal about it, as there are many trading strategies which are terrible at predicting what the next movement of the market will be, and despite their low accuracy the traders behind those strategies can still make money with them as they are able to take part on the most important movements of the market and take advantage of them.

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July 15, 2023, 03:02:44 AM
 #109

I'm curious about the recent pump in Bitcoin's price. What are your thoughts on the factors that contributed to this surge? Do you believe it was primarily driven by positive news, investor speculation, increased mainstream awareness, or a combination of these factors? How do you think this pump will impact the overall cryptocurrency market? Looking forward to hearing your insights and opinions!"
The market will move to any direction and I don't think it is something we can manipulate and determine ourselves without trying hard to guess what the price of Bitcoin could be at a certain time of the year. Those who had been in the market for some many years now will understand that the market does not move at our own pace. Even though we predict and things went in the way we have predicted the market, that does not mean that we really understand or know how the market works. All our opinions are based on guesses and that is what the market is all about to trade in the market.
Trying to guess the movements of the market is important for traders as that is the way they can make money, but at the same time I think too many of them make too great of a deal about it, as there are many trading strategies which are terrible at predicting what the next movement of the market will be, and despite their low accuracy the traders behind those strategies can still make money with them as they are able to take part on the most important movements of the market and take advantage of them.

As in the next three days, it's holiday time and this has become a custom in itself to prepare for someone's BTC accumulation, because the dominant sell-off occurs. If by next Tuesday the price goes up again due to less selling and more buying. Yes. Being clever at reading moments and opportunities to enter the market is the first thing in trading as you mean.

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July 16, 2023, 03:32:53 PM
 #110

I think, the recent rise in the price of Bitcoin can be due to the positive news, investor speculation and increased mainstream awareness of the cryptocurrency. This pump is likely to have an impact on the cryptocurrency market as a whole by increasing the interest and prices of other crypto assets. However, high price fluctuations and investment risks need to be watched out for in the volatile cryptocurrency market.
I think more that the price increase that is starting to happen frequently now is due to the high interest among investors and also new traders who are starting to want to buy Bitcoin in any amount so that there is an increasing push that is always seen besides being caused by positive news and also speculation that is born lately. I also hope that better pumps and support can continue in Bitcoin in this year so that Bitcoin can be at a better price than it is now.
Maybe because they know that the bull run and/or the halving is approaching? So, they are now hurrying up to accumulate while the price right now is still cheap. I'm talking about the investors but for traders, they can always trade even without the need to wait for those big positive events. Investing doesn't need a minimum but there is for trading because of the left and right fees.

Speculation is always there but I don't know if there is truly a positive news lately because I haven't heard any. That's not a big deal anyway. What important is we are having these price increases. Don't worry mate because all that you wish for BTC are surely going to be achieved even not within this year.

.
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July 16, 2023, 09:19:08 PM
 #111

I think more that the price increase that is starting to happen frequently now is due to the high interest among investors and also new traders who are starting to want to buy Bitcoin in any amount so that there is an increasing push that is always seen besides being caused by positive news and also speculation that is born lately. I also hope that better pumps and support can continue in Bitcoin in this year so that Bitcoin can be at a better price than it is now.
Maybe because they know that the bull run and/or the halving is approaching? So, they are now hurrying up to accumulate while the price right now is still cheap. I'm talking about the investors but for traders, they can always trade even without the need to wait for those big positive events. Investing doesn't need a minimum but there is for trading because of the left and right fees.

Speculation is always there but I don't know if there is truly a positive news lately because I haven't heard any. That's not a big deal anyway. What important is we are having these price increases. Don't worry mate because all that you wish for BTC are surely going to be achieved even not within this year.
When the demand is higher than the supply, the price will be pushed up higher. This is the law of the market for a scarce asset like bitcoin, and certainly it has been exploited by the average investor and trader to derive returns from its volatility. Of course the halving will very likely drive more demand, but regarding high prices and new ATH, it's very uncertain.

Bitcoin has great potential as a long-term investment asset, of course because it is an asset that is on a growth trend which is really good to look forward to. Even bitcoin tends to be able to provide greater returns than gold, but with higher risk. So don't get 100% budget on bitcoin without diversifying your budget as a reserve budget or diversifying assets. It's too risky for you.

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July 16, 2023, 11:35:28 PM
 #112

I think more that the price increase that is starting to happen frequently now is due to the high interest among investors and also new traders who are starting to want to buy Bitcoin in any amount so that there is an increasing push that is always seen besides being caused by positive news and also speculation that is born lately. I also hope that better pumps and support can continue in Bitcoin in this year so that Bitcoin can be at a better price than it is now.
Maybe because they know that the bull run and/or the halving is approaching? So, they are now hurrying up to accumulate while the price right now is still cheap. I'm talking about the investors but for traders, they can always trade even without the need to wait for those big positive events. Investing doesn't need a minimum but there is for trading because of the left and right fees.

Speculation is always there but I don't know if there is truly a positive news lately because I haven't heard any. That's not a big deal anyway. What important is we are having these price increases. Don't worry mate because all that you wish for BTC are surely going to be achieved even not within this year.
When the demand is higher than the supply, the price will be pushed up higher. This is the law of the market for a scarce asset like bitcoin, and certainly it has been exploited by the average investor and trader to derive returns from its volatility. Of course the halving will very likely drive more demand, but regarding high prices and new ATH, it's very uncertain.

The interest and participation of institution will more likely push the price of Bitcoin exponentially because they have the funds to move the Bitcoin market.  The halving become the catalyst of Bull run because of the mindset it relay that Bitcoin supply is half so the Bitcoin supply to market is also getting half and with the idea of the ever growing community of users, investors often gets to FOMO thus inflating the market artificially

Bitcoin has great potential as a long-term investment asset, of course because it is an asset that is on a growth trend which is really good to look forward to. Even bitcoin tends to be able to provide greater returns than gold, but with higher risk. So don't get 100% budget on bitcoin without diversifying your budget as a reserve budget or diversifying assets. It's too risky for you.

Yeah Bitcoin being a young industry have lots of room for growth.  So investors see this a potential in getting profit if they become the pioneers of the industry.
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July 19, 2023, 07:05:21 PM
 #113

Maybe because they know that the bull run and/or the halving is approaching? So, they are now hurrying up to accumulate while the price right now is still cheap. I'm talking about the investors but for traders, they can always trade even without the need to wait for those big positive events. Investing doesn't need a minimum but there is for trading because of the left and right fees.
Investors with long-term targets always have greater hopes through a more significant price increase every year even though they also know about bull run or halving moments which with a certain duration can always happen to Bitcoin. Because those are the moments that investors really hope to see bigger prices in Bitcoin.

Quote
Speculation is always there but I don't know if there is truly a positive news lately because I haven't heard any. That's not a big deal anyway. What important is we are having these price increases. Don't worry mate because all that you wish for BTC are surely going to be achieved even not within this year.
I have never been worried about this mate, because I still have very deep faith in Bitcoin so that I still consider speculative and news things to be normal around Bitcoin because currently there are so many Bitcoin users which has also resulted in the birth of more diverse speculations. Positive news can also make the price stay in a good area so that is also very much needed for Bitcoin so it doesn't give birth to a bigger correction.

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Mahanton
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July 19, 2023, 10:48:21 PM
 #114

I think, the recent rise in the price of Bitcoin can be due to the positive news, investor speculation and increased mainstream awareness of the cryptocurrency. This pump is likely to have an impact on the cryptocurrency market as a whole by increasing the interest and prices of other crypto assets. However, high price fluctuations and investment risks need to be watched out for in the volatile cryptocurrency market.
I think more that the price increase that is starting to happen frequently now is due to the high interest among investors and also new traders who are starting to want to buy Bitcoin in any amount so that there is an increasing push that is always seen besides being caused by positive news and also speculation that is born lately. I also hope that better pumps and support can continue in Bitcoin in this year so that Bitcoin can be at a better price than it is now.
Maybe because they know that the bull run and/or the halving is approaching? So, they are now hurrying up to accumulate while the price right now is still cheap. I'm talking about the investors but for traders, they can always trade even without the need to wait for those big positive events. Investing doesn't need a minimum but there is for trading because of the left and right fees.

Speculation is always there but I don't know if there is truly a positive news lately because I haven't heard any. That's not a big deal anyway. What important is we are having these price increases. Don't worry mate because all that you wish for BTC are surely going to be achieved even not within this year.
Would really be just common sense and even if we do say that we are really that new or noob into this space but its really that impossible that you wouldnt really be able to determine out if its good or not that right to enter
on this space as of this moment but on the time that you've been aware or wary that we are fast approaching with the halving event with Bitcoin on which we do assume out that bull run would comes next then this
is the best time for us to accumulate coins which we do know that it does have potential on increasing its price on upcoming bull run. Decisions something like this would be entirely be depending on a certain individual or investor because not all would really be sharing up with the same mindset and decisions would be made out on this specific conditions. Invest according into your knowledge and awareness on how this market behaves,
so that you wouldn't really be ending up on regretting on the time that you do have seen that the market do make out that specific movement on a particular time.

R


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July 20, 2023, 01:37:39 PM
 #115

Maybe because they know that the bull run and/or the halving is approaching? So, they are now hurrying up to accumulate while the price right now is still cheap. I'm talking about the investors but for traders, they can always trade even without the need to wait for those big positive events. Investing doesn't need a minimum but there is for trading because of the left and right fees.
Investors with long-term targets always have greater hopes through a more significant price increase every year even though they also know about bull run or halving moments which with a certain duration can always happen to Bitcoin. Because those are the moments that investors really hope to see bigger prices in Bitcoin.
That is always expected by many investors, especially long-term bitcoin investors, but apart from that they will not have any effect on the pump that is happening and some of them don't even care because they are waiting or want a better price.
And I never thought anyone would know that a bull run and/or halving was imminent so many people were buying or vice versa to be the reason for this big pump.
I think price increases and corrections that occur are very common, and we don't think there is a need to be specific about why they are because that's how the crypto market works.
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July 20, 2023, 02:41:20 PM
 #116

I'm curious about the recent pump in Bitcoin's price. What are your thoughts on the factors that contributed to this surge? Do you believe it was primarily driven by positive news, investor speculation, increased mainstream awareness, or a combination of these factors? How do you think this pump will impact the overall cryptocurrency market? Looking forward to hearing your insights and opinions!"

What caused bitcoin to stay below 20k for so long is more interesting to me. If we consider all possibilities, BlackRock and other companies knew they were going to launch bitcoin oriented services long before they announced it. They knew it in 2022, I'm sure of it. In that case an extended bear market was good for them and allowed them to buy cheap.

I think that all people who were selling at 17 18 and 19k were selling to BlackRock and its affiliates and insiders. That's why when bitcoin begun to recover on its own, reaching 25k, these companies decided to announce their moves all at once, because they knew we're starting a bullish trend, a reversal, and waiting for lower lows doesn't make sense anymore.

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July 20, 2023, 09:34:36 PM
 #117

Nice to buy into weakness when you know you have a very long term plan for holding that asset and normally the buying would rise the price but during weakness you have a cover and an ideal exchange from weak hands to long term hold.      Reminds me of way back in the 1980's when Buffet decided he wanted to hold Coke stock forever so he was buying upto a personal maximum every day for months that would keep himself under the radar;  for some reason it was unpopular and I guess Coke is old news (we do have alot of modern replacements, alternates) but it was a forever thing for him and he was not wrong.

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wmaurik
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July 20, 2023, 10:05:52 PM
 #118

That is always expected by many investors, especially long-term bitcoin investors, but apart from that they will not have any effect on the pump that is happening and some of them don't even care because they are waiting or want a better price.
And I never thought anyone would know that a bull run and/or halving was imminent so many people were buying or vice versa to be the reason for this big pump.
I think price increases and corrections that occur are very common, and we don't think there is a need to be specific about why they are because that's how the crypto market works.
The crypto market will always seem to work when there is always demand and supply going on in it, because without this the market will not work on its own every year. For the problem of concern for long-term Bitcoin investors in terms of price, it can also be an influence in the market because usually they are more patient in holding assets than their desire to sell more quickly, but this only affects price resistance in the market, not for market performance every day because price movements in the market are more influenced by the many traders who always come to the market to buy and sell there.

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beerlover
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July 21, 2023, 04:02:40 PM
 #119

I'm curious about the recent pump in Bitcoin's price. What are your thoughts on the factors that contributed to this surge? Do you believe it was primarily driven by positive news, investor speculation, increased mainstream awareness, or a combination of these factors? How do you think this pump will impact the overall cryptocurrency market? Looking forward to hearing your insights and opinions!"
What caused bitcoin to stay below 20k for so long is more interesting to me. If we consider all possibilities, BlackRock and other companies knew they were going to launch bitcoin oriented services long before they announced it. They knew it in 2022, I'm sure of it. In that case an extended bear market was good for them and allowed them to buy cheap.

I think that all people who were selling at 17 18 and 19k were selling to BlackRock and its affiliates and insiders. That's why when bitcoin begun to recover on its own, reaching 25k, these companies decided to announce their moves all at once, because they knew we're starting a bullish trend, a reversal, and waiting for lower lows doesn't make sense anymore.
Of course they knew about it and they are going to be making a good amount of profit when the time comes but it's also a bit of a trouble for companies when they do something they think could make them a profit later on, but that later on doesn't come quick enough. A lot of companies went under because of this, they believed that the price will be better but that better price never came, it kept on going down and resulted with a lost amount of profit.

This isn't even just companies, even nations are like that nowadays, look at El Salvador buying bitcoin, they bought it way too high and they tried to recover from that as well. So you could be as rich as you want, but if the investment doesn't pan out for multiple years, it becomes a trouble.

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July 21, 2023, 07:12:15 PM
 #120

That is always expected by many investors, especially long-term bitcoin investors, but apart from that they will not have any effect on the pump that is happening and some of them don't even care because they are waiting or want a better price.
And I never thought anyone would know that a bull run and/or halving was imminent so many people were buying or vice versa to be the reason for this big pump.
I think price increases and corrections that occur are very common, and we don't think there is a need to be specific about why they are because that's how the crypto market works.
The crypto market will always seem to work when there is always demand and supply going on in it, because without this the market will not work on its own every year. For the problem of concern for long-term Bitcoin investors in terms of price, it can also be an influence in the market because usually they are more patient in holding assets than their desire to sell more quickly, but this only affects price resistance in the market, not for market performance every day because price movements in the market are more influenced by the many traders who always come to the market to buy and sell there.
I believe that it is going to take some time before people could realize how terribly long time it takes for crypto to make a move like that. I know that it is not going to be easy but if we could wait for it then the supply/demand mechanics will make sure that the price will go up. Of course this won't be easy and we are going to see some things change for the better as well but we just need to realize that it is not going to be that easy.

Waiting is the hardest part for many people, but if we could make it happen then it is not going to be that impossible neither. Realizing that crypto is something that is profitable, specially bitcoin, over course of long period of time is something that takes time but everyone understands it eventually.

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