Cause of bitcoin price pump!!!

tylerwinklevoss
2022-10-21 10:18:34

For the past few months now bitcoin have been pumping and I don't know the reason behind the pump pls I will like to know the possible reason behinde bitcoin pump and will it still continue to pump or we should expect a retrace or a dump!!!

elandicaprio
2022-10-21 10:19:23

Well I think the reason for the sudden pump of bitcoin is that more investors got to join the crypto world, day by day more people are getting to know about cryptocurrencies and the benefits of Investing with thereby putting funds to it, I think this is the more reason for the pump of bitcoin and also I think the halving which took part in 2020 has an effect on crypto and this is the outcome.