Post
Topic
Board Bitcoin Discussion
Re: BTC pumping Because of Bitcoin Pizza day ?
by
betswift
on 22/05/2025, 10:55:31 UTC
BTC has officially surpassed $111,000, now trading at $111,259.4 USDT.

Looks like Altcoin will rally up soon! for now will be on the chart and look for shorting Opportunities



Does Bitcoin Pizza day create demands? For sure no. That day is just a celebration on some event happened on the past and it doesn't mean Bitcoin would automatically pump.

I'll believe that those current development towards Bitcoin Reserve Plans and other moves made by whales or institution by accumulating Bitcoin is the reason for Bitcoin to have a good rally like this.

Also I rather believe on quality insights https://www.coinspeaker.com/bitcoin-new-ath-of-over-111k-analyst-highlights-key-levels-to-watch/ rather than believing that certain events can raise like this since we might experience a short term pump if we only base on those events.

We already created lots of demand due to so many companies and why not entered the BTC rally and "race", so to speak, to who says the loudest words yet - and now we are witnessing the results from it, both actions and statements like that grow confidence into the BTC.