Post
Topic
Board Trading Discussion
Re: What causes the sudden surge of market?
by
Slow death
on 12/04/2019, 03:50:24 UTC
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?

we are in the crypto world and for the years that we have had since the existence of bitcoin a lesson we have to learn: one should never rely on the analyses and opinions of these analysts and the news channels. Today the price fell below  $5000, it will not take long for all news channels to talk about this price fall and make their assumptions about the reasons for this price decrease