Hello, today was a good day for the bitcoin as the bitcoin jumped to a price 4,800$ In the morning an increase of 16%, Now the current price 4,700 and many analysts expect the price to reach $ 5,500 in the coming days.Can the price of a bitcoin rise to more?What is the reason for this rise and does the April Fool cause this?
Source: https://www.reuters.com/article/us-crypto-currencies/bitcoin-jumps-20-percent-mystery-order-seen-as-catalyst-idUSKCN1RE0JY
I think this is just the price of the whales. Q2 of each year always has golden hands to support the market. Then traders will trade and reduce the price of the coins. I believe that BTC prices will soon fall at $ 4400. it will not be stable at 5000 $, which is absurd.Source: https://www.reuters.com/article/us-crypto-currencies/bitcoin-jumps-20-percent-mystery-order-seen-as-catalyst-idUSKCN1RE0JY