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What made it pump this time anyway? It’s been weird because I don’t see a lot of buzz. Last big pump had every airport I visit and the Super Bowl plastered with
by api 3y ago
What made it pump this time anyway? It’s been weird because I don’t see a lot of buzz. Last big pump had every airport I visit and the Super Bowl plastered with crypto ads. This one has been virtually silent, which is either a very bullish sign or a sign that it’s manipulated and totally hollow.
- jeffbee 3y agoETFs, supposedly. I am pretty suspicious of anything that gets pumped up when it becomes easier for normies to trade it.
- ashconnor 3y agoI think it's the ETFs + retail investors.
- SCM-Enthusiast 3y agoTron has whitelisted tether to mint USDT.
- webninja 3y agoI could tell you, but then I’d be giving my edge away for free. There were 2 main catalysts. These catalysts repeat themselves though this time they both happened at the same time. My investment buy signals have been on point but my favorite hold duration for any investment is /forever/ if possible. I also invest in almost every asset class because diversification helps you protect your principal. That’s just my view and everyone has their own view.
- dorkwood 3y agoThere's actually three main catalysts. It's kind of funny that you only think there's two :) Although I don't blame you for not knowing the third one. It's really only known by people with a deep and sophisticated knowledge of the market, of which there aren't many.
- deleted 3y ago[deleted]
- bdangubic 3y agoThere's actually four main catalysts. It's kind of funny that you only think there's three :) Although I don't blame you for not knowing the fourth one. It's really only known by people with a deep and sophisticated knowledge of the market, of which there aren't many.
- readthenotes1 3y agoPride, greed, gluttony, envy, sloth. Five main catalysts, and I'm giving them away for free
- derwiki 3y agoAnd a fanatical devotion to the Pope. Six!
- Yizahi 3y agoETF news were widely circulated by speculators -> Giancarlo started his printing press -> BTC value went up -> ETF inflows increased -> even more printing by Giancarlo -> more inflows in ETF -> loop continues for now.... Just as an example - the biggest and scariest fund in the world Blackrock had estimated 11 billion dollars inflows in the BTC ETFs. At the same time period, a single dude with the laptop in some non-extradition offshore has printed 12 billions just since the beginning of this year. And all of those printed tokens were immediately used to buy BTC and other volatile tokens. No wonder the the price went insane over past months.