Bitcoin Forum

What's going on with the market as everyday you can see a quick pump or dump which was not the case until last one month? I thought it's done by whales but I don't think they will do it so often. Who is creating these fluctuations and where will this lead us? Bull run or bear market?

it is traders who create fluctuations, both large traders and small traders, usually big traders sell or buy bitcoin then followed by other traders so as to create a trend, There are also other factors that can cause trends such as important news or important days.

usually what I know if that happens means there is a price pump movement, and usually they already have information from several people who have full control. pumps that have actually happened for good reasons haven't been seen so far, we really have to be careful because if we get stuck then our funds could be lost or lost

All of the questions which you have asked have no definite answers. The current bitcoin movement can be result of manipulation or it can be real sell and buy as we had some hacking exchange news which also created a bit of panic. In the long term, I can see a bull market but in short frame of time no one is sure that bitcoin will move toward 6000$ or 9000$ in the near future.

nothing happened even as usual like this, where bitcoin prices always go up and down drastically, I feel this is the moment where the determination will be revealed, I'm not saying we finally found a bull run or bear market, this year is the determination where they determine Where do we end up, let them whales work to double the money

Unpredictable price movements from the dump to pump is just pretty common in the cryptocurrency world, it can be caused by 2 factors. Fud news and just the usual trading activities on a crypto exchange. And that's the volatility of cryptocurrency.

I think one reason is those who make withdrew their bitcoin into dollar. They're the reason why the demand is getting higher in the market. They withdrew a huge amount of money and convert it into a fiat currency and the bank has nothing to do with it.

The trend existed in the market because of the market value of bitcoin and they think that this is the right time to buy and sell bitcoin.

I think the dumps we're seeing lately are from those who were long before, but due to the bearish posture of the charts, are now looking for that liquidity to sell into. In other words, every bounce up will likely be utilized as an opportunity to sell into. Bitcoin has had a bearish monthly close which is just another indicator of how people shouldn't expect a recovery back to +$9000 levels.

Best course of action for most non traders is to either ignore the market for a while, or dollar cost average to increase your hodl stack. These are the times where you should be buying, not when it's peaking like what happened around the $14,000 level.

No one can answer your questions. Stop trying to figure out why things happen in this market or predict what may happen. Learn how to make money from what has always been the case, that these markets fluctuate up and down wildly. Once you do that, you'll be able to make money far more consistently with far more wins than losses.

Can't predict accurately who does this, but whales are what I only see that can do such manipulation desptie steady uptrend on the price. If you look at the charts, the dumps are quite steep and its either large players or manipulators. It's quite normal months before the anticipated halving, manipulations are a thing for these whales to profit as much as they could until the next bubble that would happen.

This is FUN. Just HODL and enjoy the show. ;)

if it is seen as if there is a market control with large capital, which is done by groups or people who have lots of funds. There have been many such incidents this year and there has not been a pump that was purely due to market forces.

The fluctuation is simply a product of supply and demand.  As usual, buyer wanted to get Bitcoin cheaper so they put a buy order at a lower price while the seller wanted to get profit by selling it higher.  Those who have no patience in waiting either aggressively sell or buy Bitcoin thus the fluctuation or volatility.  In some occasion pumpers and dumpers appears but mostly this fluctuation is just the normal movement of Bitcoin market.

Fluctuations can be carried out by large traders because the influence is huge after the whales are controlling the market with many news issues out there and this could make fluctuations continue and I think this will happen because Bullrun and bearish will often happen.

Why you think they don't do it so often ? If they could make money from doing it repeateably they will always do that, all we have to do to stop it is stop being FOMO when the price pump after a dump. Holding as long as we can will make whales are tired to wait and they will never get a cheap price bitcoins

This said to be because of whales or due to those who have large holdings that manipulating the ups and down or simply because of the volatility of the market we will keep experiencing this. That's why we need to know whether the alts that we still have is updated, we need to be updated in news too every now and then.

Manipulation or not we shouldn't get panic on the situation since if we are crying for the market movements this days for sure we will end up losers in the game but if we know how to play with it maybe we can earn together with those whales that's why we need to understand first the tradings and chart reading so that we may know on when to react and what to do when certain but things strike in quick instance.

It ain't new for me. It happened before.
The back and forth of price fluctuation without even a clue what is happening.
For me that is how the market of crypto currency move so I dont care much.
Although I do trade, this is something that happens over and over again. I mean, it had been repeatedly going so it will be non sense to give a shit about it.

the market is very unpredictable you cant figure out were it will go.  I see for now that traders are making a quick profit.  If whales will join the party it will create  huge difference on the  price.

I think bitcoin has always been very volatile. You are right sometimes the price of bitcoin can also be manipulated by the pope but in my opinion the decline and increase of bitcoin yesterday was influenced by negative news about cryptocurrency or what we call FUD and FOMO. FUD can affect people quickly and when most crypto holders are affected by this FUD and FOMO then this will certainly have an impact on demand and supply and will ultimately affect the price of bitcoin.

I agree with your findings about traders having a major role in these daily fluctuations as they can form a community and play accordingly and news does not hold as importance as it did in the past as the effects of news are not seen nowadays. It's the traders who seems to be steering the market.

+/- 5% is not a pump or dump. It's nothing. For Bitcoin it's another day of trading. If we were sitting at the same price for a week I'd be amazed and this would actually be strange. This is not a typical, traditional market, where 1% a day is a big deal. With Bitcoin everything under 10% is a normal everyday session.
It's caused by many factors, mainly lack of liquidity and the same people or bots buying and selling the same amounts of coins to make a few bucks.

Quite odd for a Sr. member of this forum that do ask these basic things when it comes to Btc price.  Havent you here yet for a couple of years on crypto?
These kind of movements arent even reaching 5-10% so you should consider these fluctuations to be normal knowing that btc's volatility is way more higher than
traditional fiat and stocks.We might able to see some stagnant or moving sideways market for last years and upto present but it can change anytime.
Dont get too surprised.

Bitcoin and actually all crypto prices are highly volatile. As said, 5% variation is not a big deal. Even 7-9% are not unusual. But you should know this.



Yup. Account from January 2014?!

What happens in the market is a reflection of sellers and buyers, as simple as that. If you are a dumper it means they are taking profit taking to secure their trading profits.
Large fluctuations are natural because bitcoin has the largest capitalization in cryptocurrency.

this is normal I guess, the price of Bitcoin is basically fluctuating.  nothing is certain in the crypto world, whether manipulation or not, price movements will occur ... so there's no need to panic.  I'm sure the prices will rise aswell.

Bull run but not at the main time. I forecast an upward movement by next year. This year and the last has witnessed a down move, going through my analysis, I'm believing that we are going to have a bull by next year before December. Maybe a repeat of the 2017 move.

Whales can pump or dump the market on a certain occasions but if you see something like this movement, then it is more likely a traders way to dump/pump the price.

I can't tell nor someone can tell where this market will lead us because whales are the only ones that could make this market to move upward or downward. So far there's no FUD has been created that could potentially shrink the market back to $5k again. And I think they were eager to shrink it because some of the crypto news are creating rumors which is not true..

Traders call it "chop city." It's actually what markets trade like most of the time. Pumping one day, dumping another, running everyone's stops in both directions, setups failing left and right.

"Don't trade the chop" is an old adage for good reason. As a trend trader I prefer trading strong trends as opposed to range-bound markets.

yes i agree with you op the price of bitcoin is now very volatile because there is manipulation by big traders. Large traders sell or buy bitcoin in large quantities and this will affect demand and supply. and sometimes small traders are also influenced to buy or sell, so this trade makes the bitcoin market very volatile. and also news about the banning of crypto at local exchanges in China later also affected yesterday's bitcoin dump.

This has been going on ever since there's nothing to be surprised about, there was a time that the market reacts on the opposite and sometimes it takes a few days before we feel the effect, of the good news and bad news, there's always a whales who dump for profit and we can avoid that, we better get used to this.

I experienced it myself though, I though a dump will happen after a piece of negative news is released but the opposite happened, The price was pumped at that time. I don't know why is this happening lately but I'm sure that crypto is hard to predict now.

The volatile cryptocurrency market is due to traders constantly buying and selling. When people want to buy, the price will increase and when people want to sell, the price will decrease, which is quite normal.
I personally think that the best thing about the cryptocurrency market is that it is always volatile, if we are smart we will make a very good profit from such fluctuations.

Not much of a fluctuation for me. $200-300 is just a normal movement.
Are we talking about just bitcoin here or are you seeing different high range of movements with altcoins also?
If you do then please specify them then maybe we could create something analyzing it.

For bitcoin though this is just a little specially for traders. It could be just them which makes this slow movements just for profit.

The market is really not predictable. I do not know why people claims that they can predict the price of the bitcoin even though it is only their opinions. Study technical analysis and you can use the price historical data in order to have an idea where will the price of the bitcoin.

your account was created from 2014 and still asking this same shit?have not this issues running for how many times now?
and one question have you invested or at least hold some currency today?if not then shut your mouth off,because you are not helping the market instead you are adding some negative thoughts.
remember that volatility of cryptocurrency is what make this market very popular,it can give you big profit in short time,but it can also take your money in short period of time.

at the end of 2019, I think bitcoin will be brought to the bear market. there is no significant movement, whales is buying bitcoin secretly. and always delay the price rises. but for the next 2-3 years. the price of bitcoin will grow more than 2x the current price. so don't worry where bitcoin is going. bitcoin will still be useful in the future.

Obviously, the buyers and sellers did this trend and we can’t stop them from selling and dumping the market, its their belief that the current value of this market should be more cheaper. As far as i know the market moves like this since last year, the resistance is too much for this year and hopefully next year, cryptomarket will gain a much needed volume to destroy the wall and go beyond the resistance.

The ones who do it are traders and buyers, ranging from small traders and even whales.  I have often said if dumper and pumper occur because of the reflection of transactions in the market, dumper occurs because big players make profit at the end of the year and that is normal.  No need to bother too much about that.

It's just scalping in both directions with leverage. It will stop until the market decides to go to a specific direction. At least it's a pretty stable trading range.

It is just you, me and other small contributors of cryptosystem doing small scale buying and selling. When the market is on the side of growth there won't be big fluctuation, the growth happens gradually and this is because of people investing continuous by that time. Now the scenario is quite opposite, when it is on the down trend the panic makes people to hold or stay calm in the market.

The market is trying to rise to the higher price or the last price, and I think that will need a long time before the price will stay at a price before. No, it's not done by the whales only, but it's from the traders. The traders, primarily the developer of each project trying to raise their coin/token price to the higher rate. But unfortunately, as the market still at the bear market, the price cannot increase higher. We even at the bear market, but soon, it will change to the bull market, so you need to be ready.

Fluctuations are still happening just look at the market now the prices go up and down with the pump last month it was only a few speculations and I think this is not done by the pope because there are many big traders so it can make the market a bear or bullrun, but who controls the current market not done by the pope but just an issue that happened a lot of news that does not wear about the market so many traders panicked and there was a bear market.

There are a lot of factors that influence the price not just traders or big holders. There are several decisions taken on bitcoin in various countries, there are new services created/closed every day. I remember how price dropped when sometime ago an exchange was hacked. So you cannot just think a whale dumped their coins and that caused the drop in the price of bitcoin.

If you personally ask me if a big whale dumps bitcoins that is best for the community because markets becomes more liquid and control is taken from 1 person and shared by more people.

Ain't surprising anymore, market changes all the time and volatility get stronger than before.
If we think this seriously, it only become an headache. I don't think we need to watch the market every minute just to keep track cause it won't make help instead, it only gives us doubts and become undecided. The market behave depends on the demand and supply and we know already how often it changes that even before we can't ever see the market become stable.

This had been happening even before. It is a normal kind of movement.
Maybe we got so used to the slow market last year and that is why we are more shocked by now by the sudden change of waves.

I think it is just because of the trade. There are a lot of traders now and people are seeing big profits there, that is why this kind of big waves might be happening.

Whoever they are, whales or whatever at least prices will continue to move because of buying and selling or very active demand and supply, we don't need to expect anything more stable in this market because it is a character of the market itself. So what happens is just a process to get a bullish trend or maybe a more frightening bearish trend, but with this condition I'm sure it will be a slow recovery process which of course the crypto market will definitely continue to move to something more positive.

The market fluctuation is little disappoint the crypto investor, But last year and this year they make same percentage of profit in crypto investment. Majority of the peoples are make some profit on all the fluctuation so this year also everyone make good profit and last month dump make more noise on crypto market so everything will normal soon.

Even if we make more loud shout outs on different social media groups, it will not help. I would highly suggest to get calm and be silent after all, so we won't be frustrated once expectations will tend to fail again. Bearish market is our worst enemy nowadays, much better to avoid some circumstances that might influence your decisions making.

It's really a big test of our patient we all want bull run to come, but this is how volatile is the market, we cannot predict precisely what's going to happen to the market, just when we thought the market will stabilize here we are the market is dipping , we just need to extend our market, there's nothing we can do right now but to extend it.

If op can see price pump and dumped, maybe it is better if he take advantage from it with do regular trading. If me, maybe i will not really bother with it, or maybe i will take some suggestion from people that maybe hold and see market in certain time and not everyday will be a good thing.

One possibility is that as you say the market is being manipulated by the whales and I think there is a very high probability of that being the case, however it is also possible that this is a natural occurrence, it is possible that people are getting desperate by the lack of movement in the market of bitcoin and they are deciding to sell their coins, this makes the price to go down and then the whales take the opportunity to buy those coins for a very reduced price.

That's how the market is been like in its entire existence and as a trader you should know better. Bitcoin market is very known to have a unpredictable market and it moves like almost everyday and if you already have enough exposure to the market you should have known better or you should have known your way around it by now. Manipulation on the other hand is more of not directly, it mostly happens when someone says something about the price or spreading false FUDS and many will panic.

We are still uncertain with this events, thus, we cannot yet conclude with a certain reason. What we are thinking is just a mere natural events that could be done specially by whales, which is half-real as of the moment. Well, this might lead us to nowhere. Let us just wait for the incoming halving and wait after a year after that.

I think, currently Bitcoin price is driven by emotions and everyone wants to enter the game to make some profit. few people really care about the functionality and potential of Bitcoin as a decentralized system and as an alternative currency. most of the investors only care about buying cheap and waiting for the price to go continually higher. Thereby, when a market is driven by emotions, everything can happen. such a market cannot be accurately predicted since our emotional nature is unstable.

That's the best answer anyone could give--this is just the market moving the way it does in response to the collective buying and selling of everyone, whether it's whales or little guys.  I'm not sure what OP is expecting, because it sounds like he thinks bitcoin should be moving in predictable patterns.  That's usually never the case.

In any case, bitcoin hasn't been doing much of anything lately except jumping up and down a few hundred dollars, and that's typically what it does when it's stuck in a range.  Nobody ever knows the reason, i.e, who's responsible for the movements, because it's due to everyone who's trading bitcoin.

I just love the radically free market aspect of crypto. We're all creating the splashes in the water.

Right!

Manipulation is there but we cant generalize that this is already just the sole reason why this market move on the way we currently seeing.
Taking for example on old markets.Price had never been a steady one as long theres people who do trade (buy and sell) there would always
be those fluctuations and its inevitable.The difference here is that there are certain situation where intensity of movement is way too high which
could create some questions and speculations in mind on what is the reason behind of that.

It's really hard to know the source of price movement because there are lot of factors that can affect Bitcoin's value but one thing is for sure that there are group of people who is trying to manipulate the market for their own interest though its pinpoint them unless they use a single wallet when moving their Bitcoin.

Traders are creating these small fluctuations which is generally less than $500-$1000 and big whales create the bigger one.
The market is doing what it is used to do, bump, dump, period for recovery then the cycle return again.

since the beginning of bitcoin and other cryptocurrency is very volatile and the movement of coin prices is always influenced by demand and supply. and this demand and supply can be influenced by FUD and whale manipulation. I think the current dump was indeed manipulated by the pope and also the effect of some coin holders who panicked because they saw the crypto market continue in a red state. and I think the pope is manipulating the market so they can buy bitcoin cheaply before bitcoin is reduced by half in 2020.

maybe a group of people want to make a big profit by spreading good news to pump up and then slowly sell it. indeed the bitcoin market is very easy to manipulate. for now I only store bitcoin just not to trade and plan to sell it 2 months before halving bitcoin

In financial markets the usual market pattern flows in 3 ways sideways, up or down. The up and the down phase are very quick and happen in short span of time and are either money making opportunities or a lot of money is lost in this time. In the first case of marker going sideways it is the step that goes on for most of the time and is very frustrating for many people having lack of patience and experience.

i think everyone should have some patience ; bitcoin now stable and sometime there is little tradets who sell but big drop already end . i hope prices start rising to over level 9000 usd ; for investors start buying again ; dont fear on every fall in prices by 2 percent for example

This is the result of the unpredictable value of bitcoin, we may see it low and high prices. Some become frustrated with this movement because we're waiting longer to see a bull run to happen. No accurate answer who created this fluctuation so hoping price will surge next year.

It only fluctuate because there are traders and it's not because of someone created the fluctuations. It's an open market so expect already a higher volatility of the price because Bitcoin is not a stable coin just like the other cryptocurrency. I think you have to learn and understand how the market really works because this is quite complicated if you stay just like this, you may end up losing more if you don't understand the situation of a cryptocurrency.

It's not even that complicated to understand how this market works. People make it seem to be more complicated than it actually is, which then discourages others to not get into it, which is kinda sad.

One of the main problems is that a lot of people here trade and invest based on the fundamentals of the coins, which is probably the easiest way to lose money because this market doesn't respect fundamentals in the short term.

Are Bitcoin and Ethereum fundamentally worse than they were at their 2017/2018 high because their current price is lower? Hell no. They are way better today than they were back then but the market doesn't care.

complicated or not will depend on the people if how he thinks  . it also depend if a people will feel discourage or not  . its not  problem to invest based on the fundamentals of the coin but that is actually the best idea to do when you invest and not just investing blindly based on your instincs or based on how you like or based on how much the price of the coins   . yes btc and eth are worst than compare to the year 2017 but not 2018 is because their prices fell alot  .

People mindset is different since there are people who is new to this things and for sure they didn't experience on what happen on year 2017 - 2019 where great changes happen at that years. That's why we see many confusing judgement maid by them but if they learn the fundamentals and learn on what happen for the span of 3 years for sure we can see more good comments coming these days and more investment will come but maybe these year is a game changer so provably it's best to focus for these days event.

They become more frustrated because they don't want to understand the market volatility, it comes like that since from the start and such changes have nothing to stop. They were able to open up their minds and accept reality, they could surely think that this is all just of normal/usual cases and nothing to put some blames on market manipulation.
Now, if someone gets frustrated because they are losing till now, I suggest to keep calm and tried to understand how the market works and this will helps to open up their minds.

While the volatility of bitcoin is legendary and it has been with it from the very beginning the unpredictability factor is something that is common to all the markets, it has to be, if markets were predictable and you could tell with perfect accuracy what it is going to do regardless of the circumstances then the few people that know that information could extract all the money from the people that do not know that information and I do not know about you but there is not a single person that can do that.

It is always happening and it is because of traders, they buy and sell and both small traders and big traders have still an impact in the market, and for me, it is normal, as what we can see bitcoin still in a downtrend, I don't see bitcoin will still pump this year although there are always possibilities but let's just not expect big anyways.

yes I think all of that is normal, especially if we look at the history of what will happen when halving before and after, surely prices will tend to decrease before finally at the pump is quite high.

I think its possible because traders can sell good number of bitcoins, get the market to be bearish and looking at price drop people will obviously sell create a further downward and once they see the price was dropped enough, they will just buy bitcoins and the market will go bullish again. So, it's very much possible that traders can bully the market as per their need and I don't think it's anything wrong with it because different traders have different strategies and you cannot blame someone because they outplayed the small traders completely.

The best way to overcome such market is having patience and knowing that price will once again get up if not now then surely sometime later.

Of course, traders will do buying and selling because that's the way it should be and I don't think that is the mean reason for this. We live in this volatility since before and I don't think we have to wonder why it goes like this every day.
We'll have to understand that the market is played with many market influencers which I believe this a big factor of its change. But I'm not too hopeless to think that we can not see bullish market again.

Actually dump and pump activities can be used to take advantage.
Because when there is a pump or dump, the market volatility will be high and the volume will certainly be high.
It's easier to trade during such conditions because the opportunity to get a better profit.

People probably realized that bitcoin is hard to move, xrp and eth too, probably all coins in the top 50 is very hard to move because all have high volumes. However they realized if they get together and make moves on the small ones (the pump and dump scheme) they could make some money, they don't care about the coin itself, they don't care about what happens to communities they are leaving behind, all they care is their money.

If they want to make money on finance world and they are very small (not whales) the only move they have left is to do shady ups and downs which is why we are seeing a lot of altcoins are going up and down very quickly these days. Bitcoin is a whole another topic, it is not doing anything major at the moment but when it does it does it very quick.

Market volatility is getting strong than I imagine. The more crypto becomes known worldwide, the more it becomes volatile.
And you are right, this fluctuation seems to give an advantage to us and this is a way to make us more profitable than of stable market. And I don't think we need to wonder and asking to put this to an end cause it surely won't happen.

One can take advantage of this volatility sometimes but in the long run it is not good for the crypto market. Bitcoin adoption as main payment system can never be a reality if bitcoin keep moving up and down like that. This volatility needs to be replaced with stability for betterment of crypto market.

It isn't new. Haven't we seen this scenario last year? The moment we are expecting the bullish market, the opposite thing happens. It's easy to see a pump and dump but we can always dance with the market, considering every dump and pump an opportunity to buy and gain benefits. Don't worry, this bear market I think is the preparation for the big pump next year.

I doubt that holders as of now spending their bitcoin because of the holiday season come and most countries celebrating on it and they need a little money just to spend this yearly celebration as a tradition. So, expected that bitcoin will drop the price because of people selling their Bitcoin. Probably it will come back when the Chinese new year will come and the next halving countdown is nearly to end at that time. Don't expect too much in the market movement, just hold as long as much you can.

I think he was confused about why prices rose and fell so quickly, whereas he was quite difficult to draw conclusions about whether we would end up on bears or bull markets. I also think that this happens often, and it is normal. however, we don't know whether the price of bitcoin will actually reach the bull run as we predicted or vice versa. however, the rapid rise and decrease that occur are due to the needs of each trader. all you need to do is enjoy and take advantage of every moment of fluctuation that occurs, that's what makes crypto special.

I just want to remind you that such an activity is illegal in all of the regulated markets around the world, because it is thought as an unfair advantage that the ones that are doing this scheme know from the beginning which coin is going to go up in price and as such it is treated as a scam, which in my mind that is what it is, so for all of those thinking that they can get profits in that way just remember that and don't forget that the chances that you're going to get any kind of profits are even lower than if you were trading.

This is not new or unusual-looking at last two years but these frequent little fluctuations under the margin of $1000 is unusual which we have not seen in the past, if you would look back at last 6 months there has been frequent small amount of pump and dumps which is not as big as it was expected and I think this is something new which has been planned by whales and I feel it would be new coins which they would bet on in order to make it reach the top and play around because bitcoin is too large when it comes to volume and it's hard to manipulate bitcoin's value beyond certain extent.

up and down is the bitcoin price cycle. prices that go up and down suddenly are not always caused by whales, this can also be caused by news. news can cause people to sell and buy simultaneously, and it can cause prices to go up and down very quickly. I hope you understand !

then what about the situation now? bitcoin has decreased -3% now and under $ 7,000, is this manipulation or because of the news ?, because I don't know what news is causing Bitcoin to go down

All I can say that demand is low, or people are selling it because of the holidays. They need fiat to be able to buy gifts, or to go vacation that's why people are dumping.

60 days   -13.84 %
1 year   114.20 %

https://athcoinindex.com/coin/bitcoin

However, if you look at the data, we are still up, year-to-year though.

But we can have foresight on what will happen if we will use technical analysis. Before we trade, identify first what is the current trend. The preferable trend in terms of trading is uptrend because in uptrend the price is keep increasing because the buyers are in control. Right now the sellers are in control where we can observe that the price of bitcoin is having a hard time to breakout due to sellers pressure.

Bearish market got the influence of many sellers, and due to strong resistance, the current situation kepts on erradicating so harsh and bloody. Last early morning, upon looking unto my blockfolio it shocked me while looking on the red indicator of the chart which made me feel uncomfortable. There's nothing we can do but wait for any further recovery, and expect the market to be stable again after all.

I believe it is because of the coming holidays that's why almost everyone is cashing out that makes the market bloody red. Above all that it is also a good chance to buy because most crypto today in the market cap is cheap and is a good time to reinvest.

This can be a reason, but most of the time there used to be good growth by the end of the year. Holidays around connected with Xmas and New Year celebration too looks like a reason for the ongoing market crash that has gone down to the support level of $7000. If there isn't growth reaching $8000 by the end we may need to wait for months to experience next bull trend.

I don't think it is all about the news cause a lot of factors may affect the unexpected dumps we have today. I don't know it was surprising to see like this cause we are having these changes quite usual. I could suggest to put down our worries cause it can't help us out from this instead it might be a way to be in FOMO. For we are still struggling with the downfall trend, we better not to think what is the reason behind cause we can hardly find it.

When bitcoin have lower price we will loss much money and get profit when bitcoin have higher price later, but last two years bitcoin price always down and never increase with higher price above $12k, but today looks terrible with bitcoin price down again to $6500, how long seeing bitcoin keep with lower price and when get back profit with investing on bitcoin and altcoin.

This case isn't something new, why so surprised? Or maybe you are just upset and expecting a rise this year end? The one creating fluctuations is us, obviously the volume of demand isn't high. One reason is because of holiday, many are selling to have some money to use. There's opportunity in both ways so nothing to worry about where we are going, either bear or bull. It's up to you on how you handle it to make a profit. Also, halving is getting near, can't you handle the pressure of bear a little longer?

We a re experiencing a longest bearish streak this time and I will not be surprised for this questions keep floating here since maybe they are new and didn't experience the past bearish day in the market. There are also an expectation that there is a price pump coming at the end of december since mostly it really happens on this quarter but let see in next year since halving could bring a higher chances of pumps rather than these holiday season. And I don't believe that there are higher sells due to season since the real happening these days is people are selling since the market keeps dumping and emotions in distress state right now.

Then we need to prepare to see the worst situations in the bitcoin price if that will happen later. But I hope even if the price down to $6500, that would be the lowest price for bitcoin, and the price can help back to increase after reach that price. There are many speculations out there, and we should be careful to analyze because if we miss some information at the market, we will not be able to make a profit, and that means we need to wait for a long time to see bitcoin will increase again. But I still believe that the bitcoin price will start to grow, and no matter if needed a long time, I can wait and see because I want to repeat the best time to sell bitcoin like what I did in 2017-2018.

The situation remains so uncertain for bitcoin to where it could stay longer with current fall. Long term investments is a good way to establish an assurance even though we're facing more dumps. Two years I think was enough to regain good bounce after series of corrections. If we'll survive now, hopefully 2020 will be a great year for all holders.

It is obvious to me that the market is being manipulated, there is no other way to explain the sudden and nonsensical moves that bitcoin has made during the past days, fortunately for me I have not reacted to those movements so I have not lost any money but anyone that is a day trader and that was unable to react adequately to what he saw in the market has probably lost a significant amount of his capital and it will take him months to recover if he recovers that money at all.

I think some whales do it becuase they want to have more investor to buy bitcoin. As of now bitcoin can not easy goes up straight because bitcoin is in recovery situation. So the pump and dump maybr some whales do that. But i know someday bitcoin will rise again.

Bitcoin has stabilized at a price of $ 7,000, perhaps this level of resistance will not be broken until the New Year. Yes, we need to stay at this level, otherwise the situation will acquire a critical moment, which will negatively affect other coins. We are lucky, I'm sure.

we are only 9 days before the year ends so we are hopeful that the resistance at $7k will stay longer until halving next year.
but let us not stop holding guys and with this i believe we will stay stronger and will have a good chance to profit in 2020 even until December 2020.

Pumping and dumping happens in every trading market. Be it crypto, equity or any other trading market. That’s the beauty of every market, it go down to bottom (give everyone fair chance to buy) and move up. Don’t take this pumping and dumping as something negative. Its due to this pump/dump billions of USD are traded everyday.

Price tanked between 7200-7500 and we might see this would last until the very end of this year 2019 and further price movement will happen on next year 2020.

Good thing that the price havent crashed down on this last days of this year which is a good indication that the market is holding strong but well it isnt still a sure thing

yet anything can happen.Talking about pumps and dumps then its a casual thing here on cryptospace yet price is always been volatile.

maybe, for now, it's better if you trade in short term style. considering the current moment is rather worrying if for the long term. I personally prefer the short term. well, although not make a profit too big. But a small profit it's better I guess than the capital is not safe because of a dump.

That resistance level is without a doubt going to hold at least until the end of this year but it is very difficult to predict if it is going to hold up until the halving, the price is too volatile right now and the bears are too strong and are dominating the market, it is entirely possible that the next time they make the price to go down people are going to panic and this will make the price of bitcoin to go down abruptly but even if that happens do not worry since that will be a great opportunity for people like us to buy bitcoin for a reasonable price.

Today, in the long term, it is beneficial to leave your assets only to investors.  Recently, long-term trading is not very successful, as is day trading.  There are certain nuances associated with the current state of the cryptocurrency market, because you have to use a stop loss, or constantly monitor cryptocurrency prices, because you can lose at any time.

Yups the price is strongly holding at that value and now sitting at $7,300 things that i think very inspiring for those who is looking for adding some currency.
If we dont want to be late in holding then better to get bitcoin now before you regret this next year at same month.

Or better not to trade at all instead choose HOLDING for som good reason.

First Halving is Near to come..

Second Price will surely Pump next year...

Third?for us not to be late and say sorry next December...

only a few days left before the new year, and the price of bitcoin is still at $ 7k. even though it's close to the $ 6k level, but it seems that the demand and sale of bitcoin are currently quite stable. however, people who need money can sell their assets later this year, so I think there is still a possibility of more dumps. but, as far as I know, current education is not that big, it's likely that everyone is holding their assets preparing for halving.

Yeah, that's the cryptocurrency market, where significant price volatility is bound to occur. for that, it is better to use the opportunity when the moment arrives. when it's a dump it's time you buy, and when it's going up it's time you sell. Moreover, the current price of Bitcoin includes the right moment for day traders to choose the short term I guess.

   Anyone can try to trade and earn from that, crypto-market is a market that has a door opened for everyone. It's one option,
but there is one more option, that is a long-term holding. When you make a decision to invest in long-term holding you need
to put this volatility on a side and to not pay attention on that. Long-term investing has it's own risks, but that risks are not
so big as with short-term trading.
   

I think that is because people read so much news about cryptocurrency, and some of that news is saying bad things about cryptocurrency, so some people panic and they want to save their money before it's too late. The market will be back to the higher price, no need to worry about that, and now, we can continue to buy more coins to be added in our portfolio. But remember, the market can go to any price so you should make another strategy to avoid the bad things that can happen later.

After bull run we always have bear run, after bear run we have bull run... and like that in circles. You can read news, but if you take a look in any chart you will see better information's and more accurate for sure. Market will go up, market will fall down, you don't have to be scientist to understand that.
What's going on is that some people freak out when ever price start to rise or drop, when price is rising they are screaming, when it's dropping they are crying. Just don't mind them, do your own thing, make your own plan and do everything according to that plan.

I think you have the right idea but that is not precisely right, besides the bear and the bull markets there is another state for the market which is called ranging, and its main characteristic is that the price of an asset is incapable to move beyond certain boundaries and just moves up and down without taking any particular direction and it seems to me those are the market conditions we are facing, what we do not know is if the bear market will resume or if on the contrary the bulls will take control once again.

Nice for waiting on the first January we are looking for how much bitcoin price start first, will have higher price or bitcoin keep lower price without have any change to grow with higher price, but many people believe with 2020 bitcoin will go back to higher price and never possible for bitcoin back to higher price again what happen with last two year ago.

most people are also stuck in their own circle of imagination (including me), they think the price of bitcoin will always increase by the end of the year. panic only happens to a novice trader, when prices go down without thinking they immediately sell to avoid greater losses. this can be a boomerang that can counterattack itself and others.

Some level of manipulation will always exist as the whales are too powerful just today the price is once again below 7000 and it seems the bears may try to once again try the break the resistance level at 6500 which they have been incapable of breaking, if they do we could see a price of 6000 and if that happens then there is no telling how low the price of bitcoin will go since it is possible that many small traders will panic at that point and will sell their coins even when they should not.

Panic would happen once again if the price would start to touch down that 6500 price support.This is nothing new though and the price had start to decrease once again.
We cant say its manipulation or just a typical movement yet we've been in 7k+ price for a while and now accumulation does start by trying to suppress the price first
and re-enter on the right below amount.I do expect or buy more when price hits up that support.

When your in the swimming pool, some of the waves are your own or similar people. Its not a mystery imo, I dont believe the conspiracy ideas.    We definetly are going to keep bouncing back and forth as buyers, sellers and speculators play ping pong with the price.

https://i.imgur.com/QSZ2R8yg.png

Just repeating again now.

The fluctuations that we are seeing leads us nowhere, the price is now currently at 7500 but by what I can see in the charts it does not seem likely the price will go higher during the next days unless that level can be maintained for some time, if not then the price will most like will go to 7200, nothing of significance is happening with the market this is why it does not seem to make sense what we are seeing, just accept it and if you are a long term holder then take advantage of it.

Demand and supply become most important way how to know bitcoin and altcoin price later whit higher or lower, but we need trusted whit internal and external news where can make bitcoin suddenly have been in the top and lower price look like war issues between United State and Iran make bitcoin on the higher, but when Donald Trump make news about bitcoin price have down.

As the market keeps on going, it shows that bitcoin still the one of the best and much profitable crypto than altcoins since it is rising up than altcoins every year and dominating them.

This is the reason on why it is best for longterm investment and even though there is a fluctuation of price still, it goes up much more after the crisis.

We don't need to wonder why these things are certainly a cause for market volatility. This also signifies that the market has given life by traders, investors and the users as well. Market fluctuations will remain like this until crypto is still alive.
Whales and FUDders are also had their own market strategies. Some say the price dump (FUDders) but some also help it to pump( Whales), that is exactly how it plays, a very uncertain thing will always happen all the time.

Even when the price of bitcoin is going down it is still the best cryptocurrency in the market, because when bitcoin goes down all altcoins go down as well but they do it in even a faster fashion, I think we are approaching a time that despite having thousands of coins bitcoin is going to become extremely dominant, even more than what it is right now, and this is understandable because most altcoins are terrible and do not really offer anything to the community.

It's happening day by day in crypto market, nothing is acting strange by now, everyday we will experience losing and profits. everyone is risking their funds and we can't change the fact that we need to experience this all to collect learnings and be wise enough to our next move. 

yes i agree with you op the price of bitcoin is now very volatile because there is manipulation by big traders. Large traders sell or buy bitcoin in large quantities and this will affect demand and supply. and sometimes small traders are also influenced to buy or sell, so this trade makes the bitcoin market very volatile. and also news about the banning of crypto at local exchanges in China later also affected yesterday's bitcoin dump.

I think it is still on normal scale about this recent pump and dump. Because it is not that extreme maybe like dumped $1000-$2000 and i think it is good. Some traders need volatile of bitcoin to make profit and pumped or dumped coin will really help them to gain it, no matter manipulation or not.

While those that organized those groups do not really care one thing that you need to consider is that those groups are probably illegal, what they are doing is really nothing new, this has happened in many other markets in the past, governments realized this and they passed laws against these kind of practices, so it is better for people to not be participant of those pump and dump groups because even if they win most likely they are committing a crime.

Recent dump get chance to invest with bitcoin or altcoin and during price up we must sell, how come if price keep stable with higher or lower only how to make trade and invest with bitcoin and altcoin, have the moment bitcoin have been lower price to get chance with investing and back to higher price for selling because its the way with bitcoin investment.

Without a doubt large traders are using their size to their advantage, and even if many do not believe that they can manipulate the price of bitcoin they can, it is just that their influence is not as big in bitcoin as it is in other markets but their influence exist, personally I think that what we are seeing right now is one of their manipulations because for what I can see right now the big players are selling their coins meaning that sooner or later there is not going to be enough people buying bitcoin and that will make the price to go down.

Bitcoin and other cryptocurrencies have been very volatile since the beginning and the movement of coin values is always driven by demand and supply. So FUD so whale exploitation will affect this demand and supply. In fact, I think the current dump was orchestrated by the pope and also by some coin holders who panicked because they saw the crypto market continuing in red. So I think the pope's manipulating the market to be able to buy Bitcoin cheaply before Bitcoin's halving in 2020.

People probably noticed that bitcoin is hard to move, as well as xrp and eth, all coins in the top 50 are probably very difficult to move because they all have high volumes. Nonetheless, they realised they could make some money if they get together and make moves on the small ones like the pump and dump scheme, they don't care about the coin itself, they don't care what happens to the families they leave behind, all they care about is their money.

The volumes that you see in most exchanges are not real, there have been several instances in which exchanges have been found exaggerating their volumes to try to attract more clients as that makes their exchange to seem more attractive over the competition and there are also many coins in the top 10 that despite their size can be easily manipulated and some easy examples are the bitcoin forks which are controlled by a minority of people that can move the price a they wish.

Many exchange not given real volume transaction with their market because after put selling order depend with price of buy order but our transaction keep pending and look they try make bad and fake history of transaction, I think best solution keep trading with bigger exchange market and have many investor there,

We're standing still in the middle of a set of hurdles is how I see the current situation.    There some bias towards positive movement from here but aspirations are capped by the nearby 200 day which is widely watched well understood and becomes if not a wall or proper resistance; its a speed bump of some altitude :P


https://i.imgur.com/Pifqy97.png

8500 is a good area for the last rise to meet and sell off from.   I'm not yet sure if selling just as quickly as we rose means we should revisit 8000 but I guess that happens next week not on this weekend.   OBV indicator says we are bullish from the last few days but only upto meeting 8500 to 8700 area for a reattempt at any recurring sell orders there.  Back above 8600 I think we can take a more positive action as probable.

usually Big traders sell and buy Bitcoin. Because this business is fluctuating through both big and small, I think it means that there is price movement and it is completely under control. We have to be more careful because if we get stuck, our funds will be lost, It's work carefully.

To be honest, I can't understand what you are saying here. If you are talking about business talking bitcoin as payment, then obviously they have to look at how it moves or fluctuates and that is the big risk they have to take specially if the price goes down because it means they have loss their capital from that sell.

For the current situation, others says it's boring because the market is moving sideways. But this could be a buy signal and we may see another break out run starting next month. The market will not stay stagnant for this long, it has to move at some point.

Probably whales and institutional fund managers trigger the trend and then individual traders and group of traders are following that until next resistance levels and then a pull back do happen then whales will again trigger either continuation of trend or reversal of trend. This is how market fluctuations are being created by whales and institutional fund managers.

There are times where small traders to trigger as per technical analysis as they are big enough to create an impact markets but we cannot identify who are responsible for such actions. It will look like usual market oscillations.

Agree. Usually market will break at upper side after a long sideways movements. Experts do mark sideways markets as "power gaining" phase to break resistance levels. Hopefully we are the beginning of upcoming stronger bullish market. It is time to get ready to embrace it.

For a volatile market like this then its impossible to presume out that we would really be having that long sideways movement in terms of market price. There would be soon some breakout neither on resistance line
or the support one.

No one really knows on what would happen ahead yet market movement can be always driven out by those people who do deal with it not only exclusively with the whales but also on the entire community.

As a trader or investor then you should know on how to make steps on specific time that we do might able to encounter ahead.

On that big chart above the lower purple line was the bottom price for that month and the next we hit over 10k so was a nice trade if anyone found enough reason to risk long with that line as the stoploss. It hit twice and rose, would be nice to have that happen now and be able to spot it as support and a viable trade.

We just dont have anything that notable and defined at present, its slithering along and not hitting a lower level and catching some speed upwards.    If I was to guess a similar level now I'd be looking for 9000 on the near term.   I've said previously my fallback would be to note longer term time frames, thats a tougher trade as a daily or weekly bar has to close to be valid.   
  At present maybe not watch the lows so much but it has to break past prior highs with some conviction, its opened this week with a tiny move upwards (https://talkimg.com/images/2023/06/12/A4tkz.png).   It failed to break past weekly average price or monthly, 50 day is above and 200 day below where as the FEB chart we had the 200 above and somehow we acted stronger for it then now where we do little.