May be the reason that bitcoin price boomed today

[Kashim]

now its time for "to tha moon"

[yatsey87]

It hardly 'boomed'. It's a shame the price fluctuates so much but I'm glad it's going in the right direction now. We haven't had much good news or luck with the price this year. It just seems to have kept falling and settled at a relative low.

[Neg]

Bitcoin doesnt go to the moon. That's just for doge fanboys.

[jc01480]

Two graphs come to mind when I think about this.  The first one is the "stepped" increase over long periods of time.  The other was the slow decline charted.  I believe the declining graph was accurate up until now.  I think we'll likely never see prices at or below where we've been the last few weeks.  Stabilizing at around 420-430 for several weeks was a good thing IMO.

My apologies for not having links to the charts.  They are somewhere in this forum.

[tuneman1980]

It hardly 'boomed'. It's a shame the price fluctuates so much but I'm glad it's going in the right direction now. We haven't had much good news or luck with the price this year. It just seems to have kept falling and settled at a relative low.

There was ton's of good news.  It was just a Bear market where good news is under-hyped and bad news was over-hyped.

[Jcw188]

I think the buyers feel like a solid base has formed so not as much risk to buy here.  It oucld go back tot he base but they assume it won't go lower.  It doesn't take too much relatively speaking to move this market.