Is it a Whale attack on market price of cryptos?

[LogitechMouse]

Maybe yes, maybe no. For me, this is a normal massive correction only for bitcoin. Bitcoin is trying to retesting the Feb / April lows but now in a higher low. In April, it reached the 6800 mark and if it will retest it again maybe it will stop at 7k or below it. Going below the Feb / April lows will be devastating for bitcoin. Whales??? UHHHMMM maybe they have sold some of their bitcoins but not all. They are trying to buy the lows at this moment.

[BrewMaster]

there has been a "whale attack" happening on bitcoin for some time now. but this attack is not taking place the way you think it is. instead it works like this: the whales get bigger each time you let them buy more bitcoin than you or when you sell your coins at the bottom because of panic to them. who do you think places those buy orders at the bottom waiting to fill their big whale bellies

[samarabtc]

Its true in recent times this market facing some problems because some countries are banned crypto they feel it is illegal. For this reason people are afraid to invest on this market. It decreases the market price. But i think this situation will be change in recent time.

[iconternal]

It is true that these days the bitcoin and other altcoins are experiencing a great decline and I believe that this is a whale attack to lower prices and buy at low prices.

[bigmaster23]

Big player (investor) of bitcoin quit supporting this crypto they change crypto on supporting such as eth and ltc so by that it really affect the price of bitcoin within the past two to three month, They will back on my intuition when the price of btc was about to 1k to 1.2k usd.

[jasydoggye]

The price fall is very natural bitcoin and I don't think this ia a whale effect. If you compare the price with what it was last year you will see how much it has increased. Besides the prices were falling drastically at the begining of the year. It has increased much. For now this fall is not a thing to worry.

[Pursuer]

there has been a lot of manipulation taking place in bitcoin market on exchanges for a couple of months now. my observation is that it started mainly at strength when price went below $10k for the first time and it has only grown ever since. so the one small drop in a day that OP saw is not a "whale attack" it is just a simple drop but it was caused by the same manipulation that has been going on. if you want to call that a "whale attack" then feel free to.

[maichimoto]

BTC price has fallen at a great number in last few days. I am really confused to give it a name. Is it a whale attack on the btc price. What is your thought? Please share your thought in the forum .

I don't know what exactly is driving the prices down, as general atmosphere should be rather good, with all companies enetering blockchain industry proving the critics wrong.

[easybtcearn2017]

This might be a whale attack because there area lot of demands in the market and the market is growing gradually. But, according to that the price is not that growing. I think some people are having control over it. Some procedures should be taken to eradicate these whales.

[darksanya]

whales have nothing to do with it. just a great demand passed. Accordingly, only those who are engaged in trade remained in the market. those people who just bought and waited, do not buy anymore. some sell and forget about the crypto, some wait for the moment when you can sell more expensive

[Rj Manik]

I don’t think so.While I imagine that the moderate and continuous lessening of crypto costs is in an extensive part caused by previous venders in part re-entering the market, they are surely not going to return in all that they got the money for out, and this movement is likely going to decrease.With that happening, crypto is going to be falling faster.

[abelmon66]

It could happen that it was a whale attack, because I know with a huge price drop and make panic sell and after that the whales can buy with much at a cheap price.

[reflectcrypto]

It is really hard to identify whether it is whale or not. But I think that price up/down is a common part of any financial part. And as a result, it moves up and down.

[NavI_027]

I don't have any clue either why the price seems stopping to grow. Bitcoin's price is now lower than the usual which supposed to be many investors will horde coins because these days are the best for buying, but why the price are not soaring high at least in a short period of time? This means that investors refuse to buy despite of a great opportunity? Sounds strange .

For this reason, i somehow believe that whales are controlling the market. Maybe they are waiting more a little longer before buying (just an opinion).

[garymorgen]

i don't think so it's Whale attack on market price of cryptos. It's normal price up down to me as things happens in our market. so don't panic my mate.

[Phantomberry]

I think so whales are on watching mode they are ready to have a move to changes the price of crypto but they cannot manipulate bitcoin.

[gesdan]

yes right now the price of bitcoin is going down, I don't know what happens with the bitcoin, but I think bitcoin price going down and going up is normal because if there are not changes price I think bitcoin is a crisis, the price of bitcoin going up and down shows me that bitcoin still have a demand and stock in the market

[rizkypurwati]

BTC price has fallen at a great number in last few days. I am really confused to give it a name. Is it a whale attack on the btc price. What is your thought? Please share your thought in the forum .

big or small is relative in a trade, we need to understand the price down because of many factors and so on.
I think if there is a word that can describe this incident is a lightning strike during the day
for a moment to panic and then walk away

[ronsalwey9874]

Yes I will agree that the price of BTC has fallen down since last few days. But I think you should not lose hope because I believe that it is a down fall before a big movement. Soon the market price will rise up.

[harrypot]

No. I dont think so that it is a whale attack. There is always ups and downs in crypto. So its a natural part of it. So dont get frustrated.