Shall we begin? First thing first. The first BTC market rise we saw in 2019 was when we heard from a U.S sec a rumour that BTC will propably pass ETF. This was around 08/02/2019. I couldn't find the article, but i recall reading about this event around that time on Bitcointalk.
Are you talking about this news?
https://www.coindesk.com/sec-commissioner-says-bitcoin-etf-will-be-approved-eventually
Let's take a look at the more recent events. The rise on 17/02/2019 was almost when JPM announced his crypto. The announcement was on 14/02/2019 but I guess the market needed a few days to make the needed corrections to BTC's price.
I'm sorry but I don't attribute the recent spike we've seen on that news. Maybe a lot FOMO, but if you're going to read between the lines, there's no bullish signal there.
This leaves us with the yesterday's market rise. From what I have gathered throught the web, we are hitting the deadline of Feb 27's decision on VanEck-SolidX Bitcoin ETF . Now, I wouldn't be surprised if some investors decided to invest in BTC prior to this event, as it could have really high % of success and we will see an approval. That will definetly be the sign of a new bull run and the end of crypto-winter.
This is wrong, Maybe you can read my reply here: (https://bitcointalk.org/index.php?topic=5115267.msg49968943#msg49968943)
Correct me, if I'm wrong but this is all I could gather and put together in the last few days. There is certainly a huge proapbility that everything of this is wrong and that it's just another pump&dump scheme.
What are your thoughts?
Post some news, articles or whatever you got and could propably get a bigger picture of what is happening.
What are your thoughts?
Post some news, articles or whatever you got and could propably get a bigger picture of what is happening.There is no events in the background, no news that will push the market, just a lot of false positives that when noobs read, they suddenly FOMO and thought that we're in the bull-run. And then whales and speculators capitalized on that by shorting and booking profits and then noobs are trap, rinse and repeat.