Bitcoin dumping is the main reason we see bitcoin Going 1000 dollars up and down in a day. Bitcoin dumping is done by the the big people having lakhs of bitcoin. They dump 1lakh or more bitcoin in a day at higher price and after dumping price comes down and panic selling gets started among the small investors or beginners
So as in chart we can clearly see in red circle how bitcoin got dumped
So these big people called whales dump their bitcoin at high prices and then buy again at low price
And the other big factor is news, whenever a news a being circulated on internet about bitcoin. If the news I bad then again panic selling starts and if it's good buying starts
you are absolutly right brother...these big whales manupulate the price of btc and inexperienced investors face heavey losses
Calm, Cool & Relax Bitcoin will bounce
The whales who are creating fuds in the market to manipulate it and they made profit even in this bearish market.
Exactly brother , your point is true upvoted your comment , following you
When #bitcoin will be below $5000 then we can expect bull run in our market.
yes correct
@govind99
This time is botcoin buying time because bitcoin check public passion
So bitcoin dump and dump and dump
But dontworry friend dont scary for that bitcoin is pump in short time
Very true, they own the market
We are dumping by panicking everytym
Big Whales are playing Mind Games with Noob Investors.
Panic sellers are in large numbers rather than holders! So it’s difficult to rise up again. But it’ll surely rise up again!
one's loss is another's profit , this will continue just trade carefully.
you are right brother. Big whales are troubling us...but surely it will rise just wait and hodl
My prediction 50k$ at the end of 2018
i hate these dumpings
Nice post dear actually this market situation is due to whales
Good post , keep giving your insights
Good post :)
@govind99 nice article my friend. Keep posting this kind of good stuff so newbie like us can learn something..
Absolutely correct points you have mentioned Thanks for good post,
Upvoted post , & Following you.
its because of stupid people who are afraid of bitcoin price going down...