Quote from: leonix007 on Today at 03:02:42 AM

Quote from: passwordnow on Today at 02:31:16 AM

Whales, institutions, normal buyers. With the combined purchasing power of the normal buyers just like you and me, it creates a demand that affects the price to increase.
In simple explanation, that's what happens when the price goes up. The demand is high. And another one is when there are millions of newly printed Tether. Tongue

When BTC goes on these price range like today, it is now very noticeable affecting emotions or attracting other investors and individuals, thus may trigger more demands.

BTC price is bound to go higher, as the supply is not constant and becoming more slimmer in the long run (Halving)

I second that it's bound for higher price but it will always have the stop over before that happens. The cause of the pump isn't by the FOMO, there's more to it once the emotion becomes extreme that certain FOMO is happening.
As of the moment, I don't see that we're on that level but soon it will really trigger a better price.