Quote from: randy8777 on September 05, 2016, 07:10:55 PM

Quote from: safari88 on September 05, 2016, 12:20:28 PM

after yesterday news of Devaluation the price increase from $570 to $600 more.

I believe it will have a higher reaction again at that price, I hope the end of september able to penetrate $700.

that might just be coincidence. or maybe a whale making use of that news to make people think the price is rising because of traders moving fiat to bitcoin. we can only guess. for now the increase has come to an end, and now it's waiting for will happen in the coming days.

The Chinese are all sleeping now, when they wake up in a few hours they could start buying again. The volume of Bitcoins traded has dropped significantly since China went to sleep. When China wakes and the volume picks up the price might pick up. The rise is not necessarily a whale making use of that news.