"Why do you say so? What do you think is the cause(s) of it?"
Whales - Could be! 🤔
Not surprised.. - In this space, one should expect the unexpected. 🤪
New money pushing prices up. - I really hope so. With more fiat-crypto onramps available now this is a possibility. 🤔
there's a good moon rising and the only way is up - See ya on the moon! 🚀
Bakkt - Best news all year! Or should I say, 2 years. 😂
Wishful thinking everyone waiting for bcn to go on a tear like 2018 - Perhaps not in the near future, but I believe that in due time it will hit its previous ~$20,000 all time high. 🔮
The greater economic outlook! - Hmm you're saying the U.S.-China trade war causing the recent U.S. stock market tumble leading to people looking for alternative ways to preserve their capital and hence the inflow into crypto? That's possible too! 😁
You knew it had to happen sooner or later - Bout time we got to see some double digit daily gains again. 😋
Not sure really it has been down for so long I guess it could only go back up and I am glad it is - We all are too! Although, I think it's way too fast. 😔
Lots of positive things on the horizon and have occurred - True.
It's manipulated pump - Possible!
Simple TA. Retracement sufficient. A buildup of positive news the last few months. - Personally, I wouldn't go so far as to say 'Simple TA'. It seems like a very dangerous term to me. I always take TA with a pinch of salt. But yes, there definitely has been a series of positive sentiment inducing news over the past weeks/ months. 👌🏻
I find it to be next to impossible to predict the price of the major cryptocurrencies because there’re so many things that may influence it. For example, maybe has a steady price increase given people increased faith in cryptocurrencies? - I think it's hard to pinpoint a single contributing factor. Rather, it's a series of them that led to it. 🤔
The controller s were ready to advance there cripto agenda - Hmm, illuminati confirmed? 😂
I believe that the price drop in December was manipulated by a few "whales" who sold in bulk then re-bought and capitalised in the dip - I think that in any market, there are always greater forces at play and the rest of us are simply hoping to ride the waves. 🌊
Too high, too fast. - I agree with you here. If the run up is too fast, a fast breakdown is more likely too. Never a fan of quick parabolic run ups as I think it's unhealthy and much harder to sustain. 😔
i am not shocked.. but yes surprised it happened & recovered very quickly. now i fully understand why BITCOIN is BITCOIN. - Bitcoin has that cockroach gene in it. 💪 It never seems to die hahaha.
Satoshi based BTC on the gold market, so when stocks fall gold and crypto go up. - No I don't think he did. There is actually a low correlation between stocks and gold, and crypto. And he did not purposely create it with that intent.
Anticipated institutional access. - One of the factors for sure!
Fomo - Fomo was real strong on this one. 😂
A big breakout on BTC has been building as the mathematical odds could no longer overcome the underlying psychology of FOMO🤓. Great call on FOMO being the term of the day👊. - Haha thank you, I just had to. It's been awhile since I was able to use that term again. Way too long.
Nothing shocks me in this market anymore. We could be back down to yearly lows tomorrow. Has such a volatile asset ever existed before? - Dot com internet stocks and penny stocks!
Long time coming and adoption is everywhere you look - Only if you pay attention (: Definitely doing my part to help people see. Are you too? 😉
institutional investors becoming more of a reality - It's very real. BTC has been proving itself to have staying power. Given its non-correlative attribute to the stock market, the big boys are starting to see it as a viable diversification tool for their portfolios. 🔨
You could feel the bullrun coming since the rapid recovery in april, but who could've expected this rapid rise? We have some excellent analysts at BTC Direct but even they were a bit surprised 🙂 - You could definitely feel it, but I'm sure everyone was shocked to see how it went parabolic, through the heavy resistance zones of $5,800 to $6,400. 🤯 This space never fails to amaze me.
It was only a matter of time and we all know where it is heading in the long run. Still going to change the world! - All in due time. 😁