With such large price increases, many speculators appear near the coin. It is possible that positive situation will also attract new investors. I think that for the whole market it would be good if the BSV price increased all the time, because it would improve everyone's mood. Let's hope that such positive increases will last as long as possible.
The problem is, most of the investors got in when all of the hype was surrounding it and it was skyrocketing yesterday. They're going to lose confidence in the project whenever they end up dumping the coin for 50% losses. It probably attracted new investors I'm sure, but I don't think many of them at all are still holding the coin after today. It would be hard for me to not dump something if I lost a good percent of it in a short period of time. Sure, they shouldn't have invested during this pump, but many of them don't know any better.
Every big rise, similar to bsv and dash rise in the last couple days, is a possible bull trap. Bull trap is the ones tho get too late, and there are many people who get in late, simply because they start with buying too late, when price already raised a lot! I don't have bsv, but I have dash, and I follow situation about dash more closely, and I am waiting for my exit point, after every bull run there is some drop, big or low, it comes, so people should be ready for that.
The current dump for BSV means that the fortress wall is gone and there may have been many trapped by the decline because there must be someone buying at a high price, even I have no influence at all with this BSV increase because in my opinion this will not be long and right now a dump may be in the next few days will be even worse in its decline.
