What could be the reason for this crypto market bullishness that took the price of BTC to 45 thousand dollars? Isn't this insider news that many friends don't know? I will give my opinion on this and you can disagree.

As we all know, the crypto market blushed from 27 thousand to 45 thousand on the move. Although there was no particular news that could pump the market so much but still the market went up a lot which is much more than I expected.

I didn't think that BTC and other altcoins should have gone up so much because there was no such news and there were no such circumstances until now that the market had such a good move. Anyway, whatever happened, now you have to get some information about it and share it with your friends.

I sometimes think it might be insider news. Such ETF is scheduled to be approved in January 2024. According to experts, there are high chances that the ETF will be approved. Now Insider News, whoever got it must have left.

Often these are the same investors who count in Whales. Like Institution, Organization, Banks, Companies and some more. They must have understood that good news is about to come, so they should start planning in advance so that we can sell at the crucial time.

One reason could be this, another reason could be the Fed interest rate. Where Jerome Powell also said that we are trying to give very good news in December regarding the Fed and we want to lower the interest rate further.

This could be a good news that the insider would have received and #Bitcoin rose in price by that amount. Because remember the Fed has a huge impact on the crypto market.

The last and most important reason is #Bitcoin Halving in which the the BTC reward is halved. The circulating supply of Bitcoin is only in the millions which in itself is good news for the crypto market. Because the lower it is, the demand for the bitcoin will increase and when the demand increases, the price will also increase.

This is some good news that hasn't come yet but the crypto market has seen its reaction. Remember, when the market goes up or down without any reason, then understand that some news is coming. Whether it's bad news or good news.

As now the crypto market has suddenly taken a dip and the price even reached 40 thousand dollars. This may be insider news that will later reach individuals and other investors.

This is my attempt to give you guys an update about the crypto market and also what could be the reason for a sudden market pump or dump. Also discuss the impact of insider news on the market. I hope this post is educational and informative. If you like the post, please leave feedback in the comments section so that the next one will be even better. Thank you for sticking with me until the end.

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REMEMBER: We should prepare for the unexpected and hope for the best. Life may not be easy, but you must do your best and leave the rest to God.

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