1Année·

$BCH (-0,07 %) Hello, do any of you already know what is going on, why the price has risen so explosively?

8 Commentaires

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Because more people are buying 👍
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@DonkeyInvestor More people than donkeys! 🫏
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FOMO 😱🤩
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I understand that about the market (supply and demand). The question was aimed at where the increased demand comes from.
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Retail is back guys... get ready for dip
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@biztard There are also often exaggerations in the equity sector that go quite far. See the solar sector a few years ago and now the AI sector with Nvidia and Co. If you recognize these trends early on, there is nothing wrong with being in them. The dip will certainly come. However, unlike Nvidia, most coins are NOT yet at their ATH. The only question for the TA is when the dip will come...until then it's all speculation and therefore wait and see 🍿
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This can be explained with technical analysis. Bitcoin Cash was at a (first) resistance and is about to turn the downtrend to neutral. With the first resistance overcome, some believe that it will go much higher. -> Best case: Confirmation of the ATH or return to the uptrend by setting a higher high 🥸
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