Bitcoin hits $80,000 why?

[EluguHcman]

However, as Speculation goes around the internet, it is said that the moment Trump made the news about the Clarity Act.
That has also motivated institutions to buy more Bitcoins.

The Clarity Act is not the only catalyst for this sudden positive move. So my take is that almost all the factors stated in the pool might have contributed to the price increase. But you should know that these options are interrelated. An example is that Trump pushing the CLARITY Act might lead to high Bitcoin ETF inflows. Other options could also push ETF inflows.

We are still on the same page pointing at the Donald Trump's news with the Clarity Act being a source that triggered the velocities of the high Inflows of the Bitcoin ETF.

Microeconomics factors has also been of greatly influence over Bitcoin market of which, the Clarity Act following the Trumps speech had also been a signal to awaken institutional companies on the Bitcoin ETF as its regulations has also significantly been stipulated.

The belief that the bear season is over is untrue based on my projections. This move might be brief; we might have a drop in a few weeks or months.

Like I said in my OP, the bull will only last for sometimes because the bear is not over yet.
And like some of us may be emphasized, this peak being unusual is just going to be active in the main time that price will definitely fall back reminding us that the bear is not over yet. Only that the ETF high inflows is reacting giving volatility short term Uptrend supports.

[asriloni]

No blue chip asset will be going down forever. Bitcoin has been coiled for monthss, and it's reached the demand zone. So it's normal when it's moving up again to reach its supply zone. However, we're already achieving 80k. So a correction will occur a bit.

I believe none of those reasons in the polls are driving the spike of bitcoin. It's also my reason to vote none from those reasons.

I think all of news published before are just noise and it has no direct impact to the bitcoin.

[cxtreenal]

Bitcoin hits $80k, after over 100days.

To me this is not just a usual price move, what is driving this rally?

Please use the poll above.

Liquidity volatility is one reason for the price increase. When ideas start moving towards a certain limitless goal, it becomes difficult for an investor to uncover the possible reason among many reasons. Although most investors have high expectations for this journey, I thought that the price of Bitcoin would be limited to $80k - $85k. Currently, the price has started moving slightly lower or is trying to balance by maintaining a stable position.

The main reason is the increase in demand which is a manifestation of the global adoption of Bitcoin. I clicked on this pool "Nearly $2B in Bitcoin ETF inflows last week."

[buwaytress]

How about just normal ebb and flow? I actually remember just sitting there on an orderbook about to sell BTC and seeing that very first pump (hit 70k temporarily but most other charts didn't reflect that so I knew it was very shallow).

Definitely don't think it's a bull. There's usually all those other signs accompanying a bull and I'm not getting enough FOMO streaks elsewhere (that hits you in the face even when you're not looking).

[LUCKMCFLY]

Yes, it reached that level, but it didn't hold, and I think the main reason was that whales are testing the supply at that price. Seeing so much supply means the $77k-$80k range is heavy with sell orders, requiring stronger demand to absorb it. They're likely testing the waters, which is why the price is fluctuating, but that's not a bad sign at all.

Given how fast BTC has been moving, I suspect it's close to breaking above $80k, provided no major negative fundamental event triggers market panic. If broader conditions stay stable, the bullish momentum should carry on.

[Derekfunds]

Liquidity volatility is one reason for the price increase. When ideas start moving towards a certain limitless goal, it becomes difficult for an investor to uncover the possible reason among many reasons. Although most investors have high expectations for this journey, I thought that the price of Bitcoin would be limited to $80k - $85k. Currently, the price has started moving slightly lower or is trying to balance by maintaining a stable position.

The main reason is the increase in demand which is a manifestation of the global adoption of Bitcoin. I clicked on this pool "Nearly $2B in Bitcoin ETF inflows last week."

You confused me with your term "Liquidity Volatility" I don't understand how liquidity volatility caused the the recent price push, if you said market has gotten enough liquidity which makes the price to push up I will understand but saying liquidity volatility is very confusing perhaps you should break it down for me. When demand is high, buyers will always overwhelmed sellers thereby causing price to move in the uptrend. And yea when market move from a state of inbalance or inefficiency sometimes it will come and create a balance before continuing the...