The price now recovered to $1025 but still it is lower price than what it attained in the previous month so it is still the time to buy bitcoins at lower time The investors who invested two days ago are now happy because they got the profit what was promised.
It's better than it is going to keep on falling. And this is going to give us a good time to breath now for most of the holders.
Let's just wait when bitcoin came back again at $1,100 then hope the next thing that is going to happen is it is going to recover back to $1,200.
Don't hesitate and be thankful that bitcoin's price is getting back again each day.
Dump for the price is a good event for traders or investors because they can buy cheaper bitcoin and sell it later. Now the price of bitcoin is getting up again but i don't think it will continue because the hardfork is not yet done and it will happen in april 1 so it is better for me to not buy bitcoins now and just watch the result of hardfork in april 1 and then make a decision for your next move after watching or doing observation of the hardfork results.
Yes, dump events are actually beneficial if you are hoping for getting profit if you are a long term trader and investor of bitcoin.
And that chance is already done, as we can see the price is becoming ready and showing us it is pumping back to $1k and now trying to make it to $100.
I guess it will be back again at $1,100 next week and probably expect $1,200+ for the mid-week of April. Only if these issues will have solution and will be resolved.
Aside from profit, dump also enable new users to get in at a cheaper price. The one thing worries me is the manipulated dump. Because the end result of this is whales getting more BTC because that is their intention of dumping.
Anyway, Bitcoin is trying to recover but somehow someone is keeping it at that level. Does this mean someone is playing with BTC? This definitely only mean one thing, after the accumulation, we can see Bitcoin at $1500 soon.
Yeah I forgot that thing, it allows new comes to buy at very low price so for those that are into recovering. It's now time for those newcomers to invest and buy.
If you are worried about the manipulated dump, it's because of the BTU shills that are making a bad effect to bitcoin.
But good thing that there are a lot of people that are backing up bitcoin and still staying into it.
So you don't have to worry about it, you'll see the price is going to pump again. And with the term "playing" actually it's not about playing.
It's about balancing the market.