Quote from: Meowth05 on October 08, 2019, 01:28:27 PM

Quote from: jthor on October 08, 2019, 12:06:04 PM

Quote from: Lmaooo on September 30, 2019, 02:54:24 PM

Quote from: cryptomarketyourself on May 29, 2019, 09:53:26 AM

These guys say that BTC is going up thanks to apps such as Lolli and CasaHodl which have helped to accumulate and simplify the process of being a bitcoin market participant. https://cryptotradernews.com/cryptocurrency/why-is-the-price-of-btc-rising/

Any other explanations as to what's causing this BTC upsurge?

It was a bitcoin price pump by the whales and exchanges to attract people and institutional investors. Too bad the bitcoin price is falling down at the moment perhaps it is the market correction to stabilize the bitcoin price eventually. The way we're seeing the market is not looking so good but we never know what will happen tomorrow whether good or bad.

Therefore, its better to buy Bitcoin gradually, Im buying Bitcoin when there is free money. I try to do this at least once a month. But I also buy Ethereum, because this coin is growing in trading volumes every day.

It is a good option to buy these two promisings coins especially bitcoin because it has a high potential that would give a high return. Actually you can buy bitcoin whenever time you want since bitcoin is very volatile so even if you buy at high price you can still earn a profit it goes higher. In this type of market, patience and adaptation are really mattered because there are times that uptrend will take time, there are times that it will increase and surprise you up. The market is really unpredictable that is why we need to monitor it all the time.

There are many factors that are influencing the bitcoin price growth this year from China and US trade war to Facebook Libra coin news. Bakkt launch news also helps in keeping the cryptocurrency market momentum going. Now, China's announcement to adopting blockchain technology, that news also helps the market.