BTC - Pump or Dump

[OptimusPrime_3]

As the volume of BTC is going down the price has decreased too. Do you think it just makes a step back before the pump to 15k+ or it will follow the trend to 5-6k?

note this in case of next time. If volume of any asset is going down,  the price will also go down. Now bitcoin is correcting in my own opinion and will push up father after though that is a probability

[tisoysoy]

As the volume of BTC is going down the price has decreased too. Do you think it just makes a step back before the pump to 15k+ or it will follow the trend to 5-6k?

I think bitcoin still unpredictable which is you don't know what it's next move by every new month comes. We notice bitcoin tremendeously increased month of june and now its started again to decreased that might possible to go down below $10k. But I think its just normal fluctuations and might possible will hit $15k this july because some crypto analysis said that once bitcoin will head $10k theres a possible that will go around $15k.

[Classica35]

I think at this point, whoever is still new to how cryptocurrency operates and still has so much interest in investing in it or has already done that, should act wisely.
Under normal circumstance, if anyone saw how much the price plunged yesterday, he might have rushed into selling what he has, not knowing that it would bounce back.

[pidie]

In my opinion, the condition of BTC is currently experiencing a dump. because graphically in some markets a very significant price decline. Hopefully the BTC price will rise again.

[StatesManG]

As the volume of BTC is going down the price has decreased too. Do you think it just makes a step back before the pump to 15k+ or it will follow the trend to 5-6k?

the price will go up again, I think it's just a retracement and a little correction before the price starts pushing up again. Also it gives many a better opportunity to buy now before the price goes higher more than what it is now.

[pidie]

There was a good correction, now Bitcoin has grown up, and you need to look at the entrance, when you have fallen off a little, at the same time you can buy other altcoins, they have not yet gone into serious growth.

Right. I agree with you. when Bitcoin has decreased in price. then there are many other altcoins that have the potential for us to reap profits by buying as many altcoins as possible.

[Red-Apple]

unfortunately the altcoin market with its shitshow has ruined it for everyone. now every newbie like OP that comes in this world and sees the altcoin pump and dumps thinks that is the only thing that can happen in the market and they start extrapolate it to bitcoin too. that is why we always see so many newbies losing money even with bitcoin and then panic buy when the price starts rising.

[bitgolden]

As the volume of BTC is going down the price has decreased too. Do you think it just makes a step back before the pump to 15k+ or it will follow the trend to 5-6k?

I still cannot ascertain what will be the next move of bitcoin, I also thought it would bounce from $13800 to $15k, but I am surprised that it declined that much, although I know that there will definitely be a correction which was expected to happen around $15k according to my analysis, but it happen earlier anyway, and I think this will be the highest correction I have ever see that took over $4000k off within few days.

Let us still hope that it is another correction, if not, then we might be heading down to the largest correction ever that people has speculated long time ago that we never paid attention to, although if bitcoin gets corrected back to that amount, there will really be so much investors it will get at that price, knowing fully well that there is chances of it getting back to the last high we have seen so far for this year.

[Dreamchaser21]

As the volume of BTC is going down the price has decreased too. Do you think it just makes a step back before the pump to 15k+ or it will follow the trend to 5-6k?

Btc will not reach below the price of $6k again, because the market is on the bull market. Btc will pump again, because we’ve veen waiting for the uptrend since last year now that we have the chance to pump for sure bitcoin will grab that opportunity, and make a big uptrend again.

[EdenHazard]

As the volume of BTC is going down the price has decreased too. Do you think it just makes a step back before the pump to 15k+ or it will follow the trend to 5-6k?

I hope the sentiment market will be good because the decresed price only depend on the user itself either it's whales or trader. But I don't think the price of bitcoin can easily be used as pump and dump scheme. The whole of the price movement only depend on the fundamental factor (its price moved up drastically) I rarely saw the price of bitcoin up drastically without any good information. Fundamentally I don't see it, there are still many information who preached cryptocurrencies is a good thing in the future and some countries decided to accept and regulate cryptocurrencies.

[redsun114]

I think this is neither pump nor dump. I know many people were taught that if a coin price goes up really fast and goes down really fast that is usually pump and dump scheme but this is not some obscure altcoin that you can pump and dump, this is literally bitcoin with billions of dollars in volume so no one can afford that.

This were just a bull run that people participated because they trust bitcoin going up and it was also a correction from people who wanted to take their profit from this bull run or maybe finally get rid of the bags they were holding. So this wasn't exactly like the pump and dumps that we see on small altcoins, the results may look the same in both scenario but the actions that causes those results are totally different stuff from each other.

[The Cryptovator]

As the volume of BTC is going down the price has decreased too. Do you think it just makes a step back before the pump to 15k+ or it will follow the trend to 5-6k?

I think there is very less possibility to back bitcoin into 5K on coming days (at least within few days). I will not call it pump-dump exactly. This is just nature of crypto-currency and we all know about it. If there is unusual price up down then we called them pump dump. However, current price and growth of bitcoin is healthy enough in my opinion. But it doesn't mean that bitcoin will not move up ot down. Likely bitcoin will play between 10K to 13K for few days( it's just my opinion).

[TopT3ns]

As the volume of BTC is going down the price has decreased too. Do you think it just makes a step back before the pump to 15k+ or it will follow the trend to 5-6k?

I think it will pump to 15k, i am speculate it because 5-6k trend i think already done. And maybe if whale is really exist, they must have finish to buy a lot of bitcoin in cheap price and then make next movement.

[BY_ATOM]

I think this is neither pump nor dump. I know many people were taught that if a coin price goes up really fast and goes down really fast that is usually pump and dump scheme but this is not some obscure altcoin that you can pump and dump, this is literally bitcoin with billions of dollars in volume so no one can afford that.

This were just a bull run that people participated because they trust bitcoin going up and it was also a correction from people who wanted to take their profit from this bull run or maybe finally get rid of the bags they were holding. So this wasn't exactly like the pump and dumps that we see on small altcoins, the results may look the same in both scenario but the actions that causes those results are totally different stuff from each other.

It's not like ordinary people playing. The growth was very significant, I would say that it was a collusion of major players who wanted to make some money on the market unrest. Something similar happened at the beginning of 2018, when the big players in America trying to influence the bitcoin price.

[Slow death]

As the volume of BTC is going down the price has decreased too. Do you think it just makes a step back before the pump to 15k+ or it will follow the trend to 5-6k?

for some reason all the analysts are making forecasts and analysis very optimistic (of course that whenever prices increase a lot they always make forecasts of exaggerated prices) and that is worth reading and follow (obviously that should not serve as financial advice or you should not investing based on these forecasts, the analyzes they make can serve as a basis)

Bitcoin Price Breaches $12,000 As Analysts Suggest ‘Bear Trap’ Complete

Bitcoin Could See FOMO Fireworks For 4th of July: New Report

[samcrypto]

As the volume of BTC is going down the price has decreased too. Do you think it just makes a step back before the pump to 15k+ or it will follow the trend to 5-6k?

Its dumping but we should no go to level of $6k again, because its not good for the market. The pump I believe will start again on the middle part of 3rd quarter especially on the Month of August and September, maybe the ghost month will bring luck in the market this time and I hope to see the price of $15k later this year. The market goes up high within the previous month, and I believe it will repeat again this year so watch and take profit.

[STT]

Harsh pull back in a generally rising market can occur, heres a super old chart I dug out from 2017 which was famously bullish year -



The chart at the time showed why I was generally looking to hold for far longer then just to Feb or so.   It was justified in the end though it was a hard sell off.   The chart right now for pricing now is quite similar but I expect at least 9000 perhaps lower

[Caladonian]

As the volume of BTC is going down the price has decreased too. Do you think it just makes a step back before the pump to 15k+ or it will follow the trend to 5-6k?

Its dumping but we should no go to level of $6k again, because its not good for the market. The pump I believe will start again on the middle part of 3rd quarter especially on the Month of August and September, maybe the ghost month will bring luck in the market this time and I hope to see the price of $15k later this year. The market goes up high within the previous month, and I believe it will repeat again this year so watch and take profit.

I realize some people are waiting for 6K or more lower, but it ain't gonna happen. Institutional investors are coming back to the market, the demand of bitcoin is skyrocketing and will keep on bullish. We have another uptrend my friend, it's time to accumulate and take profit.

With big demands coming from new investors and businesses who also see the potential from this industry, we must anticipate that the market will grow more, this downfall might came from those who already thinks that the profits that they've take already enough for them  followed by weak holders, it must be analyzed and make some good movement in order to benefits with any situations inside bitcoin market.

[arpon11]

As the volume of BTC is going down the price has decreased too. Do you think it just makes a step back before the pump to 15k+ or it will follow the trend to 5-6k?

Its dumping but we should no go to level of $6k again, because its not good for the market. The pump I believe will start again on the middle part of 3rd quarter especially on the Month of August and September, maybe the ghost month will bring luck in the market this time and I hope to see the price of $15k later this year. The market goes up high within the previous month, and I believe it will repeat again this year so watch and take profit.

I realize some people are waiting for 6K or more lower, but it ain't gonna happen. Institutional investors are coming back to the market, the demand of bitcoin is skyrocketing and will keep on bullish. We have another uptrend my friend, it's time to accumulate and take profit.

With big demands coming from new investors and businesses who also see the potential from this industry, we must anticipate that the market will grow more, this downfall might come from those who already think that the profits that they've take already enough for them  followed by weak holders, it must be analyzed and make some good movement in order to benefits with any situations inside bitcoin market.

There is no reason why bitcoin is now moving downward and I think the whales are now take profits and at the same time manipulating the market in other to buy cheap as it happen early this week. I think, generally, bitcoin is going up and until it get to around $20,000 we may not experience significant bear market. There is a possibility of bitcoin retest $10, 850 or $9800 again before the next pump as the buying strength has really reduce and very little panic will set in that will couse weak hand to sell.

[futureofeth]

As the volume of BTC is going down the price has decreased too. Do you think it just makes a step back before the pump to 15k+ or it will follow the trend to 5-6k?

I think it will pump to 15k, i am speculate it because 5-6k trend i think already done. And maybe if whale is really exist, they must have finish to buy a lot of bitcoin in cheap price and then make next movement.

That is going to be the next target for the whales because they will dump the price of Bitcoin and start accumulating more Bitcoin at that value, i hope next time we might easily cross the value of previous ATH because the bullish trend is kept increasing in the market.