Quote from: goaldigger on Today at 01:32:37 AM

Quote from: The Wasp on August 09, 2021, 10:54:41 AM

Overhyping of cryptos and FOMO are the reasons behind the recent hysteria in this market. One thing that remains clear, people are using and trading crypto as an investment. So it means they are getting trapped in this madness. Best of luck and let’s see what happens in the next few weeks.

The market was already hit the dipped, and this is the next trend after that so I don't think this is just a hype, but a pure pump I guess since coinbase is already accepting cryptocurrency and this tweet is kinda not new anymore because it's already available on many exchanges. This news can't trigger the bull trend, the price is pumping for some reason and not because of this tweet.

This news is one factor that sustain the current uptrend. Volume on coinbase was already increasing since last week. That means fresh money from US citizens is entering on crypto market. Uptrend is always being fueled by news and not by TA alone. The timing of there news is right when the BTC is on the retesting the resistance area. We can't give credits alone to coinbase news but giving some is not bad at all.