Of course its all valid but also the timing was perfect here and ended in BTC jumping by 1000 USD in minutes.
Binance BTC/USDT Chart
For example the CME expiration of contracts date was today, little bit after the pump but those playin futures know.. the future :) In a way.. wink wink
Bakkt volumes (that everyone expected to pump on launch) are not really increasing fast and they could also run the bull arbitrage pump
Also Crypto seems to have Visa finally accept them in EU but that i dont think was any price mover.
And on top of that.. President of China, Xi said they Should ‘Seize Opportunity’ to Adopt Blockchain.
As im OG here since always i know the china card is always the strongest one and since we were aware of possible national chinese crypto, now with president saying that... looks good.
Doesnt matter if they will make CNY or else, still it will be mostly paired to BTC so any coin created that gets press will sonner or later give the glory and new money flow to Bitcoin.
Ohh and of course there is people who lost..Of course.
BitMex
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Shit my post gave us another pump.
In how many minutes, now?
So last night I had not made my weekly BTC buy yet but figured nothing would happen by morning so .... so now in the morning I don't make my weekly buy because BTC kissed $8000 goodbye so...so I would wait to see what happens in China tonight and it will probably be lower and so.... so I just logged on to see if I should get that weekly buy going and, and, and...its $800 higher again....so...
...maybe I can quick buy some LTC....
Hi @kingscrown
For all that you say, there are several things that come into this game for the rise of the BTC, however for me I hope it continues to rise.
And that announcement from the president of China I think also plays a very important role
Congratulations @kingscrown!
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Well shorting can get you rekt sooner than you want... The natural movement of any asset is up...
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+42% in 1 day. Not a joke
many were surprised, including me
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