What the hell just happened just now when BTC prices went up $1000?
$30b just came into the market suddenly.
Can anyone give me a reasonable explanation for these CANDLES!!!!
2 days ago someone on Bitfinex bought more than 16k BTC - then price of BTC instantely raised by 1k USD
Other than that - I think that people are just tired of FUD and drama and FOMO just started to kick in again.
Also, we had some pretty known names sharing their opinions of rather bright future - i.e. Tim Draper said that BTC will reach $250k till 2022.
Do you seriously think that buying 16,000 bitcoins can affect the price? Lol.It seems to you that 16,000 bitcoins is a huge amount. But for many exchanges it is several times less than they sell daily. The price of bitcoin depends on other factors. We are now at the beginning of the ascent. Relax and enjoy the growth of your capital.