Will there be an epic dump?

[singularityisnear]

Epic is a bit of an exaggeration. If this was an epic pump for you, you'd be surprised a few years ago, and will probably have bigger surprises for the months to come.

[sasaku bitbit]

Then it happened, a cutesy little dump was made from $2700 to $2000. Surprisingly it didn't pushed down a little further which I see would possibly happen considering the rise that we have had. Anyhow, it's good that it held the $2000 ranges and if anything, we are headed to a nice bullish trend soon.

It is surprising that doesn't push down a little further I see would be likely to happen given the rise we had. However, it is good that it held ranged from $2000 and if there are, we're heading to a nice trend bullish soon.

[phr0stbyt3]

Yes surely dump is basically a trading technique people wait for the price to sky rocket and when they think profit is sufficient they sell , because of this the price falls and then 70% of the people who sold wait for the price to go super low and then buy again. We will surely see more dump in future as dump create profit for many which in return kind of forces them to say with bitcoin. If the price is continuously growing only a really big dump can occur which can lead to bitcoin even being dead.

[N7Pathfinder]

If the price is continuously growing only a really big dump can occur which can lead to bitcoin even being dead.

Do you mean a big dump is less likely to occur if the price continuously go up?

[AK47-]

Bitcoin is a volatile asset. So, we will keep seeing ups and downs a lot. In the month of may, we saw a ridiculous increase in price. That was most likely to end in a dump. But I feel bitcoin is lot stronger now. It will not drop a lot. It will keep fluctuating between $1900-$2500 as for now.

[Baofeng]

The weak hands has already sold all their bitcoin. They are shaken and scared that why they already dump their coins. There will be no epic dumps. Well not for now because it looks like the price is holding for long now at around $2200. There are few dumps here and there but just a few bitcoins not like the 50-100 BTC dumps we see in the beginning of this dump.

[alyssa85]

Then it happened, a cutesy little dump was made from $2700 to $2000. Surprisingly it didn't pushed down a little further which I see would possibly happen considering the rise that we have had. Anyhow, it's good that it held the $2000 ranges and if anything, we are headed to a nice bullish trend soon.

It is surprising that doesn't push down a little further I see would be likely to happen given the rise we had. However, it is good that it held ranged from $2000 and if there are, we're heading to a nice trend bullish soon.

Yeah, I was expecting it to go to $1500.

I'll be happy if it consolidates for a while in the $2000 to $2500 range.

[skorupi17]

If the price is continuously growing only a really big dump can occur which can lead to bitcoin even being dead.

Do you mean a big dump is less likely to occur if the price continuously go up?

It would seem that you misunderstood.

The big dumb will only occur when the bitcoin's price continue to increase tremendously. Big pump is equal to big dump, that is the logic present there. You should neglect the "bitcoin being dead" part there because that will never happen only because there is a big dump happens. It is a normal scenario so just stay calm