Post
Topic
Board Bitcoin Discussion
Re: Why Bitcoin is rising suddenly ?
by
Blackrain13
on 10/10/2020, 16:18:26 UTC
Based on data I saw in CMC the price of bitcoin went up within a few hours about $700, which was originally $10600 now at $11375, whether this is just a manipulation as whales do to provoke the ongoing FOMO, which then whales will take profit and the price will dump or will rise steadily until the end of the year as experts predict until it rises to $12000

That is the true nature of bitcoin which is Volatile. Price change suddenly because of the demand. Now that the value of bitcoin keep on increasing, it means that their is a high demand and if it will continue to increase then, there is no doubt that it will reach another ATH before end of this year. This is a great sign that bitcoin continue to attract more investors and the adoption of it will also increasing.