Post
Topic
Board Trading Discussion
Re: What causes the sudden surge of market?
by
Pamadar
on 12/04/2019, 16:05:00 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?
This can be like a pump price and there is a possibility of a dump. But seeing the enthusiasm of the crypto users, I am very sure that this can be maintained, now we are starting a new level and such restrictions are quite difficult to influence. yes, although everything can happen, but this situation is worth taking as much as possible.
Can a good turning point to attract more investors and traders, the current momentum are also gaining attentions so new interested people will
come along and start understanding this system and possibly to invest their money, there's no assurance but if this momentum will be maintained
it will be a good starting point for many newbies to invest in.