WHY THE SUDDEN DUMP WITHOUT ANY MAJOR NEWS?

carlfebz2

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Quote from: Supercrypt on April 05, 2019, 01:58:37 PM

Quote from: btc4peace on April 03, 2019, 07:23:20 PM

We are in the process of reversing the bear market... Yesterday was like a flare... Not fireworks... Gonna take some time to hit new all time highs. Dump looks like profit taking by the trade bots

We are eagerly waiting for the new ATH value and at the same time, I am still well prepared for the dump if it becomes inevitable, we will all play the smart game along with the whale, I have some fund already in bitcoin and if it eventually get dumped, I have another fund set aside to buy again at the dumped price which will make the equation balance, any of the sideway bitcoin choses to go favors me, I am still in this investment till the next 10 years and I don’t expect the price to remain same till then.

Whether btc get dumped this year or not, I know by 2030, BTC price will surely get to $100,000, anyone that wishes to bet is welcome.

Not all people do have same capability as yours on where you do have the funds intended for dump or being reserve.We should play smart if we do like to be profitable yet this is the only way.
If you are going for long term then accumulating bitcoin is primarily targeted and as lower price as possible.

GregH37

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This year’s been quite different. There have been an increase in price recently and there was not any major news that stated the reason as to why such happened. Everyone has just been speculating about what might have caused the increase that has happened.

As usual, they have tagged it to the whales. We don’t really know what’s going to be next, if the price will drop again or if it will continue to rise. I have been a lot of analysis, but they are not really sure of where it’s going and there still hasn’t been any news to tell what’s happening exactly, but whatever…

Sum24

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Quote from: btc4peace on April 03, 2019, 07:23:20 PM

We are in the process of reversing the bear market... Yesterday was like a flare... Not fireworks... Gonna take some time to hit new all time highs. Dump looks like profit taking by the trade bots

No it is no more bearish now because we know once market start pumping then it get to the higher price then it turns to the bearish so till now market has not been higher top the peak, I know yesterday the price was so down but it has started to rise gradually, it can happen anytime as I have seen price rising within days and falling within days because crypto currency is unpredictable and it is so volatile by nature.

Supercrypt

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Quote from: btc4peace on April 03, 2019, 07:23:20 PM

We are in the process of reversing the bear market... Yesterday was like a flare... Not fireworks... Gonna take some time to hit new all time highs. Dump looks like profit taking by the trade bots

We are eagerly waiting for the new ATH value and at the same time, I am still well prepared for the dump if it becomes inevitable, we will all play the smart game along with the whale, I have some fund already in bitcoin and if it eventually get dumped, I have another fund set aside to buy again at the dumped price which will make the equation balance, any of the sideway bitcoin choses to go favors me, I am still in this investment till the next 10 years and I don’t expect the price to remain same till then.

Whether btc get dumped this year or not, I know by 2030, BTC price will surely get to $100,000, anyone that wishes to bet is welcome.

perla

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Quote from: Wexnident on April 05, 2019, 09:28:16 AM

Quote from: 79b79aa8d5047da6d3XX on April 05, 2019, 07:22:22 AM

Cryptocurrency is still trying to find its feet and recover after a heavy dip .many are still afraid to pump in money for now. But with time we will see another significant pump and rise in price of token

I agree. if we are going to understand the market there is really no certainty in here, remember that bitcoin has no intrinsic value it just got valuable because of supply and demand law. Pump without announcement? Does the cancer cells says when it gets to your body ? I guess not.

It is funny to see title of this thread. I just know if price will pumped or dumped, there are announcement to people. Grin

If something like that happen, maybe a lot of people in this world can be rich because can predict where price will go.

Wexnident

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Quote from: 79b79aa8d5047da6d3XX on April 05, 2019, 07:22:22 AM

Cryptocurrency is still trying to find its feet and recover after a heavy dip .many are still afraid to pump in money for now. But with time we will see another significant pump and rise in price of token

I agree. if we are going to understand the market there is really no certainty in here, remember that bitcoin has no intrinsic value it just got valuable because of supply and demand law. Pump without announcement? Does the cancer cells says when it gets to your body ? I guess not.

79b79aa8d5047da6d3XX

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Cryptocurrency is still trying to find its feet and recover after a heavy dip .many are still afraid to pump in money for now. But with time we will see another significant pump and rise in price of token

hahay

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Quote from: pixie85 on April 04, 2019, 03:24:00 PM

Many traders are taking profits which is normal in this situation but the markets will have to show us the trend is really turning bullish and it's not just a small recovery before a continuation of the bearish trend. Some bears like Tone Vays are still repeating that we're going for 1000 dollars. I saw him yesterday talking about the same thing when the markets were pumping. If we defend 4600 the next step will be 6000.

Agree, the trend shows an increase and correction will always be there when the pump occurs. The main news or issue about the crypto market I think has happened and now is the impact of the strong news at that time. The main news or whatever will affect the price on the market, but it will still need time and the market always shows fluctuations at any time and that is something that has usually happened.

Lpim01

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Quote from: Eildosa on April 04, 2019, 05:16:36 PM

This is quite a logical situation now. The market starts to grow, then falls again. The beginning of April in General showed a very good result in the market, so I think that by the summer the situation on the market will be much better.

Price fluctuations may arise when there is a huge buy and sell volumes in the market. It can be normal to experience ups and downs as we are depending on the market situation, so we never expect that all we're in the rising trends and might possible that after this pumps, crash will follow. That is why we should have to prepared for any possibilities happen next.

Eildosa

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This is quite a logical situation now. The market starts to grow, then falls again. The beginning of April in General showed a very good result in the market, so I think that by the summer the situation on the market will be much better.

pixie85

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Many traders are taking profits which is normal in this situation but the markets will have to show us the trend is really turning bullish and it's not just a small recovery before a continuation of the bearish trend. Some bears like Tone Vays are still repeating that we're going for 1000 dollars. I saw him yesterday talking about the same thing when the markets were pumping. If we defend 4600 the next step will be 6000.

whirlcoin

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Quote from: auntyjmary on February 24, 2019, 12:32:16 PM

Over the past few days, there was a significant rise in most of the assets on the crypto market including the altcoins. For instance the value of Ethereum also rose alongside bitcoin. It has become rather strange to me that there has been a sudden fall also, I don't know if some major traders or whales are playing mind games with amateur traders. Most bullish and bearish runs comes with a major news but this case was different.

it is because of their is no comfortable situation with the cryptocurrency from a long period of time from the beginning of this year there will be a good vibe but chances of getting the market better in this situation will available for every currency that we are invested previously so I think the changes will happen from this year will be possible.

deisik

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Quote from: leowonderful on April 03, 2019, 08:07:36 PM

We went up from $4100 to the $5000s (Bitmex pricing) in a day, normal to see a little bit of pullback after such a violent price movement. We could very well be seeing a reverse $6000s dump situation here where prices rapidly break up to near $6000 or the mid $5000s as there was a bit of resistance there on the way down, but we didn't drop all the way back down and bulls were defending $5000 very well, which volume shows. Will be interesting what happens tomorrow with prices when the market makes up its mind. Personally expecting more upside to this movement

Yeah, volumes look good

And not just with Bitcoin but with other cryptocurrencies as well (I mean top altcoins). But what bothers me is lack of any news that would account for such a sudden surge (or maybe I missed that news). It might be the case that the market has been severely oversold but with speculative markets where the idea of a fair price is virtually nonexistent, it doesn't seem very likely. So we may have a wealthy individual or some institutional entity having made up their mind to enter crypto in earnest. If so, that may in fact mean the reversal of a long-term down trend

ethereumhunter

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I think the market doesn't need any news to get dump because that will be a traders option. In the market, many traders want to buy bitcoin at a low price, but there is a trader who doesn't care about the price, and they will buy bitcoin at any price. So that will make the price moves in any level price. So you don't need to feel sad or worry if the market is down for a moment or a day or so because if that is the time for the price to increase, then the price will increase.

prtty2gal2

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Quote from: Pattart on April 02, 2019, 10:05:11 PM

Quote from: Coin_trader on February 27, 2019, 05:26:47 AM

In my own point of view, the sudden dump or pump of the cryptos are caused by the demand and adoption of the players or the traders, while there are more people buying, the price will pump and when the selling is more than buying, sudden pump will happen, well, that was just my thoughts.

we don't ask about the definition, and the OP also asks about dumps instead of pumps. although now what happens in the market is pump.
a dump some time ago, started in early 2018, and continued to decline due to weakening market confidence

I think as at the time the OP made the post, there must have been a dump which should have even been the best time to buy the coin then provided it is a good one, we can see now that the market has really gone green and most of those coins that were dumped are beginning to also gain momentum in price because of the bull run of BTC that is presently going on in the market.

Now, I think it is already getting to late to catch any low price again till further notice or when the bull run comes and leaves the market back to bear which I am Not so sure if the market will still take bear direction again.

Ararbermas

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Actually news always late when there's a scenario happen. so stop wondering why there's always a sudden dump without major news because indeed it takes time to make an analysis . Which much better to take the opportunity to buy or build new strategy if you have holding to assure no matter what happen you still have another choice to protect you capital. Because that sudden dump is normal only on this kind of market due to some greedy ppl.

leowonderful

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We went up from $4100 to the $5000s (Bitmex pricing) in a day, normal to see a little bit of pullback after such a violent price movement. We could very well be seeing a reverse $6000s dump situation here where prices rapidly break up to near $6000 or the mid $5000s as there was a bit of resistance there on the way down, but we didn't drop all the way back down and bulls were defending $5000 very well, which volume shows. Will be interesting what happens tomorrow with prices when the market makes up its mind. Personally expecting more upside to this movement.

btc4peace

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We are in the process of reversing the bear market... Yesterday was like a flare... Not fireworks... Gonna take some time to hit new all time highs. Dump looks like profit taking by the trade bots

arpon11

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Bitcoin went down then for it to gather momentum for the current bullish trend we are seeing. I think we have started understanding how this market work and some of us have started investing along the price action. I Cryptocoins market it is very impossible for the market to be stagnated for long-term and what ever that happened bitcoin and others cryptocurrencies are going to recover! I have see another road to the top again though it might not happen this year.

StarofBTC

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Quote from: auntyjmary on February 24, 2019, 12:32:16 PM

Over the past few days, there was a significant rise in most of the assets on the crypto market including the altcoins. For instance the value of Ethereum also rose alongside bitcoin. It has become rather strange to me that there has been a sudden fall also, I don't know if some major traders or whales are playing mind games with amateur traders. Most bullish and bearish runs comes with a major news but this case was different.

It's not just news that create a dump in the market but activities also contributes in creating a dump in the market, or do you think that the dump we have been seeing since the last quarter of 2017 was caused by a news in the market, if so then you are very wrong, what was happening is that we are seeing a correction in the market which is very normal because a lot of persons who have made profit over the years are taking out their profit from the market.

Topic: WHY THE SUDDEN DUMP WITHOUT ANY MAJOR NEWS? (Read 704 times)