Some of you guys will never learn. When the price rises 10% over a couple days, you need to ask yourselves, "has anything happened to justify this increase?" If the answer is no, then it's a pump and dump. Every previous rally was triggered by some type of event or sentiment. Chinese exchanges opening, the US government softening its position, or major retail adoption. But none of those matter anymore.
What's happening now that could possibility rally people to buy bitcoin? Increased competition from Apple Pay? More regulations incoming? So... basically nothing.
What's happening now that could possibility rally people to buy bitcoin? Increased competition from Apple Pay? More regulations incoming? So... basically nothing.
The market has got confirmation on the floor created by the bearwhale. Thatīs what happened.