Post
Topic
Board Speculation
Re: Bitcoin rises very fast!
by
CryptoBry
on 10/05/2019, 12:24:50 UTC
According to your analysis, what causes the price of bitcoin to continue to rise for now? Then what will you do, when you look at market conditions that continue to improve and also the price growth that sharply increases. Share your opinion here and let's discuss it. Thank you so much..

In my own simple opinion, the reason Bitcoin is continually rising is because the market is expecting it to rise. This is becoming like a self-fulfilling prophecy. The market is now very positive about Bitcoin and this is shown by its rise...the demand is getting bigger for now so this is the energy that pushes it to go up. I am not seeing good developments on the horizon that can be catalyst for this movement and in fact we have the Binance hack lately but it did not deter Bitcoin from going green. Now, the next can be: Will there be some corrections soon?