Topic: One more dump before halving? - page 8. (Read 1881 times)
There is no price gap on the current chart. If BTC suddenly price pump again to 10k-15k in small time frame then expect another price dump. But in this market situation which possibly someone is manipulating, Expect more than 1 price dump before halving because they will enjoy profit on the FOMO of halving.
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?
It's always the frequent situations that we're going to see when bitcoin price obtain the highest price. When halving takes place we can't stop price surges to unpredictable value, and we'll see it amazingly. Though volatility happens at random situations, it doesn't stop us holding our asset until such time it reaches the most commendable price.
Most likely, we will see another huge dump before the halving. One user posted in this forum (I can't remember the title) an observation of price patterns every halving of the network. Prices would go down months before it will happen, then would pump up since supply wouldn't be able to keep up with the demand. I'm also expecting it since whales would definitely take advantage of that event for their highest profits.
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?
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