Re: What Caused Bitcoin to Jump 100%?

Quote from: DEX-Champion on May 28, 2019, 02:10:50 PM

Is there any particular reason Bitcoin has jumped 100%+ in 5 months?

The article below is really interesting naming 5 of the potential causes, but i'm still not convinced this is sustainable - it's reminding me of 2017 times and I sense a correction. Let me know if you think it's any different this time and why?

https://medium.com/@marcus_61942/return-of-the-bitcoin-bulls-a-summary-of-the-potential-causes-f9febb1a4664

alot of people been waiting for it to stop dropping and find support and it did at around 3k and once it bounced people panic bought and it just flooded the market with buy orders, and alot of shorts got liquidated on the way also just making the buy side get even more momentum.