Bitcoin, and all altcoins are in the green after a long spell of depression. It is good news for all investors or potential investors, and has brought hopes for the market to rise again.
However, many countries and regulators are not in favour of it. Social networking giants, like Facebook, Google and Twitter have banned crypto ads and ICOs, in open aversion to the crypto world. It means cryptos will have more challenges ahead. Will the cryptos resist challenges ahead and take over?
The pumps are a combination of whale price manipulation and short sellers trying to close out positions. You can tell by the whale buy and sell orders and the weird distribution of volume on the up and down ticks. There is an added affect of FOMO guppies but they don't really have much affect its more like icing on the cake.
The new money FOMO surge that we saw back in OCT to JAN is gone and is not coming back, so now you are left with manipulation and scalpers.