Quote from: Leo on July 31, 2020, 04:26:22 PM

Quote from: carter34 on July 28, 2020, 07:31:54 PM

Quote from: Alert31 on July 28, 2020, 04:58:11 PM

What are the reason behind the rise of bitcoin?

Is there really a reason for this bull move for a week now?
Well none that I can tell of. I noticed a bull run was preparing to happen since price was between 9 to 10,000. Now price has gone above 10000, we just have to enjoy it.

I think it's much more expected, a few months after the halving a bull run is expected, it's a trend that has been there in history, because I don't see any news as of recent or any fundamental analysis for the pump

Maybe it is just high time that bitcoin will rise as this increase has been put on hold when the pandemic conquered the global population. And since many people are slowly getting back to its feet, and so is bitcoin market. The rise is owed to various factors and we really can't pinpoint it to one or 2 reasons. It is combination of good things happening in the crypto market.