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Why was there a sudden surge on Bitcoin?

Why was there a sudden surge on Bitcoin?

Bitcoin Just topped $5k for the first time since late last year and, understandably, many people are wondering why.

Well we might just have the answer. A single whale moved to buy over $100 million in bitcoin (20,000 btc) accross 3 platforms, according to CEO of BCB group. 

https://dailyhodl.com/2019/04/02/massive-bitcoin-whale-triggered-btc-surge-with-100-million-order-says-crypto-investment-firm-ceo/

Could this be the boost that many in the Cryptocurrency industry have long awaited. this level of investment along with the upcoming settlement of the mtgox case, another 600million in BTC and a similar amount in fiat currency going to some crytpo investors, at some point in the near future could send BTC sky rocketing.

 

What d you think? Is this the star of the eagerly anticipated bull run?

 

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Coinhound
Coinhound

blogger with an interest in cryptocurrency, investment and discussion


Cryptotalk
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we look at various projects in the cryptocurrency world and bring you our thoughts on them.

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