Topic: WHY THE SUDDEN DUMP WITHOUT ANY MAJOR NEWS? - page 5. (Read 704 times)
I am not sure about this increase is good news. the market may change at any time and phomo is a dangerous part of trading. utilizing the best moment and running is a strategy that must be considered.
It's normal. There are still people who hold very large amounts of coins and can dump instantly crashing the price. As long as a lot of supply is in the hands of very few people it will be impossible to avoid these dumps. Good news is that this is the extent of what they can do. Like on Bitstamp they dumped 500 Bitcoins in 1 minute and that was it. They got rid of all they had and earned some fiat and that's how it ended. If people don't want to play their game they don't follow and sell after the dumpers and the dumpers are forced to buy back.
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 just simply maths, those who bought most coins in the bearish period leading to the sudden price spike decided to sell to take out profit. Most time cases like this occur due to the lack of backing to the sudden rise in price, the technical term to use is corrections and we will experience more of price corrections as the market tries to recover
In the market we have a straight down trend. There is no reason to think that resent rising should continue. It was just a liquidity accumulation.
Because the market is controlled by someone and they don't need any news in order to move the price up or down. This was probably their plan, to move the price over 4000$ then drop it below with 500$ instantly. I don't know why this happens but I'm sure they have a plan for this.
Is not the price move possible without reason? If we look for reasons behind every move in this volatility, we can not find time to trade. Reason will be come out soon (even if it is not the reason), but what will change?
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.
Long story short: Lack of interest. Institutional investors are looking for liquidity which doesn't satisfy them currently. Major news affects prices but this doesn't mean only news can cause wave on graphics. No need to for drama. We can ride these waves without emotional connections. Traders already left the party and who cries are the ones who late to the party.
I think we are well past the times when news moved the price like crazy. IMO institutional investors are the ones moving the market these days. There are not many retail traders remained in the market. If you are not an experimented trader you will have a hard time trading on this market environment so be extra careful and try to preserve your capital first!
The sudden pump did not happen. As a result of any major news so the fall does not have to result from one.
There are many factors aside media reports that affects the price and can cause a rise or fall in the market.
This was not a bullish run. Simply changes (rise and fall) in the chart.
There are many factors aside media reports that affects the price and can cause a rise or fall in the market.
Most bullish and bearish runs comes with a major news but this case was different.
This was not a bullish run. Simply changes (rise and fall) in the chart.
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.
I also don't know why the sudden changes will happen to the market very quick time and this dump will not be accepted by anyone so experienced people please tell about why this was happened to the field of cryptocurrency for most of the people don't know about this dump
I'm not sure if there was any major news. But except for the recent Craig claims of being satoshi in the media. I don't understand if it could be a cause. Perhaps it could be creating panic 
Sometimes too, there might not be any news to cause a fall or rise in price.
Sometimes too, there might not be any news to cause a fall or rise in price.
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.
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