4 Reasons for Today's Bitcoin Pump – Will it Continue?

Why did Bitcoin Pump to $10,700 today? Let’s discuss the 4 reasons that contributed to the BTC rise. Also, let’s discuss if Bitcoin will continue higher.

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  1. Having faced rejection several times above $11K, there are some signs of bullish exhaustion which may drop price slightly nevertheless, a bullish breakout is expected which would push price towards and above $15k. It's the hottest pattern prediction for BTC right now. Yes this could be Oct 2015 that breaks the weekly EMA ribbon and is the start of the bull market. It's this move that could make the golden cross also happen in a few days/weeks. The prices of these cryptocoins are volatile, it goes up and down all the time. They act like it's falling apart. The market is still much higher than it was some years ago. If you ever thought about cryptocurrency as an investment, then you’re on your way to greatness. I urge you to listen to what I have to say. Because if you make the right pick you could find your self jumping for joy on top of an enormous pile of cash. Ready or not , a growing number of economies, banks, billionaires are backing this new forms of tender. And once you understand how easy it is to make profit from cryptocurrencies it's easy to see why the cryptocurrency market is preparing to take off. Anything you've seen up to this point is going to be shadowed by the amount of money that is about to come pouring . And for investors who get in before the end of the year , they are going to make it big and earn an unbelievable amount of profit as far as you make the right pick of coin to invest or apply a currency prediction software to help know and select the right coins with value and potential to rise in no time to invest in as digital currencies are going to be once-in a life time opportunity. The only caveat is that you must act quickly and smart then invest with a good and trusted platform to help make the right pick or choice of coins with value and potentials to invest in. Investors who wait idly on the sidelines until the media tells them to 'buy now' are going to lose out on millions and potentially billions of dollars . And if you wait for the media to tell you when cryptocurrencies are safe you'll be losing out a great deal. I am not talking about buying bitcoin alone. I am not here to double or triple my money when I can potentially create 10times, 100times or even 1000times my money investing in ethereum and other new coins which have potentials. In just few months I've made nothing less than $100,000 investing in ethereum and other coins . My rules for buying cryptocurrencies if I want to keep my 98% win rate are thus; The asset must have intrinsic value, The asset must be new, but not too new. The digital currency boom that's happening right now is a once-in-a-life time opportunity. You may never have the chance to make this kind of money this easily, ever again. There are lots of tiny digital currencies that can generate higher gains more than bitcoin and the rest which people can invest in and cash out big. For a successful crypto investments to make the right picks of coins to invest to earn better profits feel free to get in touch. juankendrick00@gmailcom.

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  3. It will drop again to sub $10k to crush the altcoin market even further then rise again. This scenario is going on for a while and I believe the whales are buying the altcoins dips for future pump.

  4. Hey George, take a look at the BTCShorts on the day. They have reached a previous Resitance level. When UTC-0 (6PM for me) hits it will be interesting to see if the whales decide to manipulate again from Bitfinex.

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  6. This sounds dumb, the answers to these questions are so shit. Not to mention he has a hard on just because the price went up, it’s not going to 20k people. Anyone listening and believing this shit is going to get REKT. It will come back down a little after a few days and then we will see if we break up or down. Just saying….

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