Post
Topic
Board Trading Discussion
Re: Bull market is back?
by
Whosdaddy
on 03/05/2019, 10:05:01 UTC
Bitcoin pump to $4,919 and back down to $4,671 at the mean time.
Why is this pump happening? Bull market is back?

Price: $4,671
24h high / low: [$4,919.39 / $4,124.31]
Market Cap: $82,303,956,910
24h Volume: $17,479,334,170

https://www.coingecko.com/en/coins/bitcoin

I guess your right that bull run is coming back now, though so far the price of bitcoin was 5454$ https://coinmarketcap.com/currencies/bitcoin/ at the coinmarketcap, which is I think it could be a good sign I guess, I wish it will continue until it reach 6000$ and up.
The market is very bullish to be honest. We have gotten the value of Bitcoin stabilized around $5,300 for long and this stability could be instrumental in raising the value of Bitcoin even more. I think that with further rise, the number of investors would increase more and more into the crypto market which would be another push for the prices of Bitcoin.