Quote from: NeuroticFish on May 03, 2019, 06:54:30 PM

Quote from: Janpie on May 03, 2019, 03:24:45 PM

Bitcoins strong performance comes amidst the iFinex scandal is being played out

Yep, it's a bit unexpected to rise this much right now, I was expecting a little dump before this.
Does it mean that the upwards pressure has build up so heavily so even a scandal like this doesn't stop it? Maybe. Is it only a pump? Maybe, although it would be strange.
Right now the current movement rises more questions than answers in my head.

This is a good indication that finally Bitcoin is not anymore listening to perceived bad news on the horizon. I think this same trend also happened towards the end of 2017. Does this mean that we are now on the verge of a possible bull run? Well, many are hoping so but as for me I prefer a slow yet steady growth so we can avoid so much speculations and overheating (similar to 2017). Right now, there is a very positive interest coming from different institutional investors and once they are on board we can expect solid growth for Bitcoin especially towards the 3rd quarter of 2019.