What causes sudden upward/downward price spikes?

[Reid]

Just remember there is just not one exchange in the whole world of the internet.
If you see fluctuations which are too much in your exchange then maybe something is happening with the other one or suddenly different users bought it at the same time and could lead to a pump.

[1715059425]

1715059425

[1715059425]

1715059425

[arpon11]

You have answered yourself and since you are new in this field this happen often. Trading is a gameso play by whales and professional and most times one do get confused based on the way market behaved if you are new . When ever you see a serious dump and pump in price the whales has decided to manipulate the price in others for the inexperienced  traders to buy and the whales dumped for profits
 

[Pinoccio11]

Hi,

I am relatively new to Bitcoin trading and there is something I would like to ask the opinion of experienced traders about.

I keep watching a few exchanges during the day and sometimes I notice a sudden upward or downward price spike. For example, let's say the BTC price is fluctuating mildly around 7340 in the range of 7330 - 7350, and all of a sudden, the price instantly jumps up to 7480, and then drops back to 7340 range pretty quickly. Same with downward spikes, for example the price instantly jumps down to 7210 and then goes back up quickly. This does not happen frequently but it grabbed my attention.

Any ideas what might be causing this behavior? A huge buy/sell order? Some manual manipulation on the exchange side?

Thanks.

Of course, the action of the participants is directly affected. After all, the price can not change unless the sale of coins in large quantities or purchase, demand generates a proposal. so here everything is interdependent, and sometimes artificial are lifts, but these are exceptional situations.