Every pump is a wasted effort to get the price higher, while whale traders happily dump loads of coins to bring people back to reality.
I wouldn't exactly call this whales dumping, i mean one fifth of the volume what it cost to get to 245 brought us back again.
When whales poop, you will notice.
It seems that bitcoin is only a pump and dump manipulated by who 'have' a lot of bitcoin or a lot of FIAT currencies. Correct me if I am wrong (and I am surely wrong in my words....).
Aaand we are back where we started. Who would have expected that... a dead cat bounce... shocker!
We most certainly are not back where we started, we are higher. I think you need to look up dead cat bounce in a dictionary.
The start was a few cents of dollar, I will continue to use bitcoin untile its value will not reach 0 dollar.
