$BTC

A Bitcoin (BTC) pump refers to a rapid price increase, often driven by increased buying pressure, market sentiment, or external factors like institutional adoption or macroeconomic trends. While pumps can create lucrative opportunities for traders, they are often accompanied by volatility and potential corrections. Pumps may be organic, fueled by genuine demand, or manipulated through coordinated efforts like "pump-and-dump" schemes. Investors should approach such movements cautiously, avoiding FOMO (fear of missing out) and ensuring they understand the underlying drivers. Long-term investors should focus on Bitcoin's fundamentals, like its scarcity and utility, rather than short-term price spikes, to make informed decisions.