Post
Topic
Board Speculation
Re: Why is bitcoin moving now?
by
Asuspawer09
on 15/08/2023, 22:49:47 UTC
Overtime now it seem like bitcoin is lacking direction but from the look of things it has started gaining effectively price direction and this is going to going a long bullishly but am trying to ask why is moving now on the fact that dollar is rising extremely I thought that would affect the demand and supply of bitcoin... Is this the green opportunity for us to buy or is going to return back after a while let me hear from you because have started calling to ask if they should buy base on the current bitcoin progress if is going to last. Do you think the price will continue voraciously by the day?

What do you mean by moving ? there wasn't any kind of movement on Bitcoin from the last pump of Bitcoin around 31k$ dollars I think that was the last time it actually move when there was some news about the XRP, which actually kinda hype the market a little bit, In my opinion, the market price could probably drop in the coming months and for me it's actually a good thing because I could buy more bitcoin in a lower market price and accumulate more volume as well, I was really surprise that Bitcoin could hold this market price around 29k$ sustaining this kind of price was great but I was surprised about it considering there was no big news about Bitcoin.

Whats going to happened for sure is where gonna continue to drop the market price in the coming months and would pump again in the ber months probably in the end of the year, usually that is where the pump came in,already people are going to realize that the Bitcoin halving is near so hype could easily be trigger and pump the market easily.