Post
Topic
Board Speculation
Re: Why Bitcoin is rising suddenly ?
by
rodskee
on 21/10/2020, 04:49:19 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
Welcome to the world of cryptocurrency in which the value is volatile and everything can change in a second or minute.
Bitcoin Price as i speak is sitting at $12,00 because of the rise happens last night about 500$ growth.
If you are asking for specific answer then there is none,because it is depending in which the investors putting their money and invest big,this way the price will go up.