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RE: What In The Just Happened

in #bitcoin5 years ago

Many reasons for this pump.
Libra Coin is bringing all the attention to crypto space back, plus the government is shutting it down. Which you cannot do to btc. Now people are starting to ask them self what is money and how it works. Specially who controls it.
Super bullish for btc.
Hong Kong is buying massive ammount of btc to escape the Chinese government.
All the bulls which turned to bears that were expecting a 1k btc are now fomoing in, because in their hearts they know btc will go to six figures at least.
Anyway...
Zoom out. Look at the big picture and you will notice that btc has never actually had a bear market. It's ten years old and grew massively never stopping since it's inception.

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