Bitcoin Forum

Bros, Bitcoin price is started falling more than 1000 USD in the two days.

Why we see this much without any reasons to face big dump.
Please explain the true fact of this price dump to understand it clearly.

The bullish trend is over and now we are in a bearish market.The big whales are selling their btc and waiting
for the price to go further down,in order to buy cheap bitcoins.Lot`s of people are afraid of Segwit2x and panic selling.Perhaps a part of them are buying bitcoin cash.Thats why the BCH price is going up.

BCH in now pumped over $2800, BTC mempool is over over 120MB... Some people are playing a bigger game.

Some reading: https://theflippening.github.io/open-letter-to-bitcoin-miners-from-another-miner/

I'm just hoping that they will not screw all coins.

BCH have made a crazy pump and I am sure those who invested in it or held it from the fork up to know was smiling with their pockets full of money. For sure bch will go down soon and it would be a good coin to invest into. I am sure they wont screw all coins, in fact they might cause uncertainties making people move to some altcoins for a little bit, boosting their prices a lot. I am certain that the next coming months will be the most profitable ones in crypto for this decade.

For now I think btc is on it's way back to it's former price and I think we have seen a big dump recently because of yet another spam attacks happening right now slowing transactions down. As you can see on blockchain.info statistics, there are 162,000+ unconfirmed transactions atm and is still counting that is done in order ot manipulate price and then pump bch. Let's wait for bch to go down, after that I am sure that bitcoin price would go back and start it's bullish trend again.

$6300 approximately in most exchanges which is a loss of $1500 comparing to the ATH, well big whales are taking huge profit this time but is there a relation with the rise of the Bitcoin cash?

I think the bitcoin price will increase again, this is just a small fluctuation