But I don't think that April fools will be related to bitcoin rally

Bitcoin price rally because the time to increase is coming so we can see the price can reach a higher price. That will be good if the bitcoin price could still reaching another higher price as all of us waiting for that.

As per the article:


Obviously, those exchange wiht higher liquidity can really withstand that rally like Binance and it's only proved why they are the number exchanges right now. As compare to those crypto exchanges with fake volumes mentioned in the article. And who really trade on those exchanges btw? They have been identified already so I don't know why someone will go and trade on them specially during the market surge we have seen last week. We don't need to be rocket scientist here, there's a lot of data to swallow on that article but I do believed that just common sense will tell us which exchanges can hold and which exchange can't.

April Fool's Day is a day for the Franks, but the exchanges didn't troll us, they gave us what we were waiting for. I found all the great things coming from Binance (BNB) when its price increased a lot on April 1.

That's the nature of the market of cryptos. The exchanges have somewhat became similar to the ICO market. New exchanges are popping up every single day without origin and regulatory requirement and showing fake volume to get a ranking on the coinmarketcap list. I am sure, this bull run has given hard time to such exchanges who didn't have good amount of liquidity in hand.

While I understand that crytpo exchanges are necessary for the growth of cryptos, but it is also necessary to maintain good amount of liquidity and other covers in hand for unforeseen events like this! Sometimes shaking things up become necessary  to get rid of the cockroaches from the kitchen!

It's great that the exchanges fared well on the 1st of April mini rally, and have continued being operational albeit the mass trades that occurred thereafter, possibly due to the FOMO the price had generated after people found out that we're back on the $5000 levels. However, I fear that the exchanges are still not fully equipped to the brim to handle a huge number of trades in their platforms should a bull run commence. Heck, we might even see exchanges/platforms freezing during the heat of the moment.

April fool has nothing to do with the price of bitcoin, because if any exchange play April fool with it price chart then they will make sure to have disabled they withdrawal features so that no one will be able to withdrew from the exchange in other not to run into loses, but it over a week now since the April fool day happen and the price of bitcoin is still doing great.

I don't know, and maybe they cannot withdraw their coin, so they still stay at HitBTC. I am sure that they want to move to another site, but that is their problem. And if I were him, I will search the other way so I can move the coins and don't use that exchange to anything else.

now bitcoin is an upward trend, i don't know if this price is related to april fools. Looking at the chart, bitcoin price cleared surged after it broke the main $4,200 resistance. These are strong bullish signs, increasing chances of more upsides in the coming days. The next major resistance to watch out is at $5,200. If buyers even manage to surpass $5,200, the previous breakdown support at $6,000 could be tested (a strong sell zone).

In order to ignite a big fire, we need a small matchstick first. It isn't possible that Bitcoin suddenly started rising and rose 30% over the course of seven days without any reason. There are several theories stating the reason of rally. I think the rumor (who knows if true) that someone put $100m buy orders and the hoax that bitcoin ETF is approved are two major reason of rally. So April Fool surely had some contribution to bitcoin price rise, no doubt.