No, it is just FOMO, no one wants to stay out from this incredible opportunity to earn easy money, that is why "everybody" is trying to join as fast as they can.
BTC jump From $17400 to $19300. Almost $2000 a day. Too crazy to catch it.
Is it a work of the Wall Street? Any correction expected?
And the CME futures are coming by monday, that is why there is + volume than usual.
But yes $2000 is nothing compared to how it growth during the last week (from $12000 to $16000 in a day and a half)
Yup, this is essentially the same reason I've seen people follow for the past few weeks as well. I live in a pretty populous area, and the buzz has been going crazy just about the bitcoin rises. People are trying to hop on the train asap. This creates demand for the coin, which drives the price up as people are willing to pay higher and higher amounts for the coin itself. Now, this is leading into a bubble, and we may see another little burst, but it seems like for the most part that bitcoin is always able to get back on its feet very quickly. This will probably start being tested soon.
This is the time when in our trust in btc will be tested because of this sudden increase value of btc in such a short period of time. Many are afraid because of this thing called bubble. Many people also are now in a state of decision whether to sell or hold their btc but if I where to decide I will still hold btc because I know this is not yet the real value.