Honestly speaking the bitcoin market is good as of now with slight improvement and not much dump except one particular dump before week or so which provided further pump, but are these manipulation just to for whales to cash out before the halving and then invest again at a cheaper value to get most profit of out it post halving? Are we going to witness major dump before halving?
Halving actually is still pretty far away like 7 months from now. Even if there has to be a dump before halving there is a lot of time for such a dump to happen. I think we might even see a pump before the halving. It's too soon to relate current price action with halving which is going to happen after 6 months .Can't we all just hope for a nice, slow, steady gain in value instead of wanting bitcoin to rocket to the moon?
You can hope as much as you want, but "nice, slow, steady" are not words that can currently describe Bitcoin. It is appropriate to use words like explosive, volatile, unpredictable, manipulative, and if you want something stable and relatively secure, there are gold and silver as alternative investments. We must accept that the cryptocurrency market is very small compared to other markets, and therefore subject to manipulation of pumps&dumps. If you buy $100 million worth of coins now, price will jump - no doubt about that - if you dump that amount worth of coins, guess what happens?
We have dumps a few times after price is hit $14 000, and this is the normal state of things. One should not expect that the price will be stable, and what we see is that price can not stay too long on same level. The current situation is saying to me that we should expect one more dump, for a simple reason - there is no power to push up.
