Good question. Most likely has to do with thin liquidity during bull markets. IE people don't want to sell, so a little bit of buying moves the market up.
It is interesting how that works..... suddenly when stuff really starts to climb people don't want to sell. Plus stuff starts breaking. I mean how many times has Coinbase went down when prices are shooting up. Then the networks get congested as well making it harder to move coins.
Good question. Most likely has to do with thin liquidity during bull markets. IE people don't want to sell, so a little bit of buying moves the market up.
It is interesting how that works..... suddenly when stuff really starts to climb people don't want to sell. Plus stuff starts breaking. I mean how many times has Coinbase went down when prices are shooting up. Then the networks get congested as well making it harder to move coins.