Any solid facts to justify the sudden pump of market these days? Looks very unnatural with no signs of catalyst whatsoever. News said 20,000 bitcoins are ordered but around 100m to trigger a 40billion bullrun? That's really fishy considering they can profit way more than their buys, what are your insights on this? Organized whales or institutions strategy?
I think that $100m is enough to act as a catalyst when people are waiting for years to invest on bitcoins at right time so when they see the price rise they are not going to miss that opportunity either to make short term or long term profits.