It makes me wonder how Bitcoin price moves when the news is not releasing some kind of fomo news. Probably these are the old and new investors entering the market again but the question that's left me hanging is why? I know they were not here just to pump the market but why now?
Maybe because of this news?
2 Senators introduce pro-crypto amendment to infrastructure bill; industry says it's not enough.United States senators Mark Warner and Kyrsten Sinema, both Democrats from Virginia and Arizona, respectively, have introduced a new amendment to the infrastructure bill that would lessen the burden on cryptocurrency tax reporting for miners and wallet providers.
And then as far as ETH goes, they just go ahead with their London fork.
Well, I guess this is the cheapest price they could get after seeing how Bitcoin wouldn't move farther away from $30k+. They probably are the new and old investors thinking that there will be a bear market after the correction but it's the people that holding it to go beyond $30k.
It could be, but we all know, specially for average joe like us, we wanted to see the price to go down even further to buy. But I guess that won't happen anymore, no more $13,000 lowest low prediction and ain't happening because of the current bullish sentiments we have resulting to the price hitting $44,000 and counting.