Post
Topic
Board Bitcoin Discussion
Re: BTC Halving & BTC Pump Explained
by
Zlantann
on 30/04/2024, 14:58:55 UTC
As I have already mentioned above that 2024 is different and many Big companies are adopting the BTC and it is expected that many countries will make it legal, which will pump theBTC price to sky rocket.

Anchoring price predictions on the assumption that many countries will make Bitcoin legal this year is not advisable. Even if some nations unban or adopt it might not take the price to the moon. However, we are still expectant because nothing is impossible.

If bitcoin is not manipulated, pumped and dumped, what will it be called when the 2022 bear season arrives and bitcoin plummets from $69k to $15k? Not to mention the bear seasons before 2022, bitcoin even dropped 90% before rising again, this is not a game of manipulation, pump and dump, what is this called?

Bitcoin might have gone through these periods but it cannot be easily manipulated like altcoins. Bitcoin price drop or rise is caused by diverse organic economic and political conditions, unlike altcoins that can pump through organized strategies to artificially inflate its worth.