Post
Topic
Board Economics
Re: What is behind the past few days of rally?
by
guoyu78
on 07/08/2019, 15:41:10 UTC
It is all green candles. Up up up. Why? Is there any news to shed some light on this? The price will probably fall fast now. I think this green streak is not going to last for long.
Are you new to the system?
All this while that bitcoin has been increasing, have you ever gotten any much reason or seen any as to why the price surged.

Bitcoin is being operated from different locations, and we have different reasons for which bitcoin increases, someone might just decide to put large amount of money into bitcoin for different reasons known to them, so you will always get different factors that will make the price of bitcoin surge, we are not after why it surge, what we want is for bitcoin price to just increase, and for long term investors like me, I do not just bother myself as to why, I just look at the long run of it, while trader would just take advantage of the momentum to make money rather than asking why the price surged, is that not what we all want already?