One more dump before halving?

[Wysi]

Honestly speaking the bitcoin market is good as of now with slight improvement and not much dump except one particular dump before week or so which provided further pump, but are these manipulation just to for whales to cash out before the halving and then invest again at a cheaper value to get most profit of out it post halving? Are we going to witness major dump before halving?

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[blckhawk]

Most likely, we will see another huge dump before the halving. One user posted in this forum (I can't remember the title) an observation of price patterns every halving of the network. Prices would go down months before it will happen, then would pump up since supply wouldn't be able to keep up with the demand. I'm also expecting it since whales would definitely take advantage of that event for their highest profits.

[AliMan]

Honestly speaking the bitcoin market is good as of now with slight improvement and not much dump except one particular dump before week or so which provided further pump, but are these manipulation just to for whales to cash out before the halving and then invest again at a cheaper value to get most profit of out it post halving? Are we going to witness major dump before halving?

It's always the frequent situations that we're going to see when bitcoin price obtain the highest price. When halving takes place we can't stop price surges to unpredictable value, and we'll see it amazingly. Though volatility happens at random situations, it doesn't stop us holding our asset until such time it reaches the most commendable price.

[TGD]

There is no price gap on the current chart. If BTC suddenly  price pump again to 10k-15k in small time frame then expect another price dump. But in this market situation which possibly someone is manipulating, Expect more than 1 price dump before halving because they will enjoy profit on the FOMO of halving.

[barnes13]

Well, actually if we speculate about the price of Bitcoin before halving there are many possibilities that can occur. And the fact is whatever happens later the whales have planned a scenario for this, all we can do is just follow the flow of their game. However for now I have prepared to buy some more Bitcoin before halving. Because in my opinion a big pump will happen in the near future and moreover I want to invest my money into BTC for the long term. I'm not worried and quite optimistic that in the next few months we can fly high again.

[ecnalubma]

Most investors are anticipating that to happen before halving, but we don’t know how major players will play their card this time or maybe market could act different from past halving. Lets remember that history do not guarantee future results.

[Wexnident]

Possibly. A lot of analysis and research have come out about predicting the possible events that would occur before and after the halving of BTC in 2020. I'm leaning more on the dump side though, just based on past halvings, BTC has often experienced one and prices are regulated at the halving itself and a year onwards. The price would slowly pump from then and well, we might be able to see another ATH at that point though.

[Red-Apple]

Are we going to witness major dump before halving?

yes we are.
the price will dump from $40,000 down to somewhere around $28,000 which would make it a 30% drop which is normal compared to the previous dumps right before the halving. we have had similar situations before too.
although i don't get why you are interested in this particular dump!

[btcanonymous666]

Maybe, but I don't think that it's gonna be huge dump. $7000 around, not lower than this, and we'll definitely hit new ATH some time in 2020. Very huge dump will come back after new ATH hits methinks.

[error08]

Not just one, there will be several dumps before the halving, that will be the chance to acquire more bitcoin.
Look at current price persist above $9K, hopefully there will be some corrections before it reaches $10K but it seems unlikely to happen according to current market circumstance.

[CarnagexD]

The price of bitcoin still remain at the price of 9100$ and still we do not know if we might see again a big dump. We have been experience many dump in this year and do you think it might repeat before the bitcoin halving? , we also know that the movement of bitcoin is very unpredictable that's why always expect for a dump or pump. Most of the the prediction right now are on bull run so I guess it is totally true. Lastly, even we experience a dump I hope it will not be a big dump just like what happen few months ago where the price fall down at 3000$.

[perla]

Honestly speaking the bitcoin market is good as of now with slight improvement and not much dump except one particular dump before week or so which provided further pump, but are these manipulation just to for whales to cash out before the halving and then invest again at a cheaper value to get most profit of out it post halving? Are we going to witness major dump before halving?

If about dump before pump, i believe that is happen. Not means i am agree if bitcoin price manipulated by whales or anything like that, but usually it is happen. Price of bitcoin dumped because people want cheaperp rice, and then make it pumped again. Dumped price usually can make other people panic and then sell their assets. And then when pumped again, they will regret and start to panic and buy bitcoin again which can make pumped price of bitcoin itself.

[arwin100]

Honestly speaking the bitcoin market is good as of now with slight improvement and not much dump except one particular dump before week or so which provided further pump, but are these manipulation just to for whales to cash out before the halving and then invest again at a cheaper value to get most profit of out it post halving? Are we going to witness major dump before halving?

Never think about that since the one I see is numerous movements since I think there are so many people who trades with bitcoins. But I really hope we will not go through a huge dump since I want to see a good rally the same on what happen on the past halving and hope we gonna witness that since if that huge rally scenario would not happen for sure many people will get upset and find the next halving a normal thing coming.

[rdluffy]

We have a lot of time before halving, I don't think it's moment to sell and buy again after only because of halving

Remember that the market won't follow the same logic that everyone are thinking, so it's interesting to be prepared to all scenarios

[Fatunad]

Honestly speaking the bitcoin market is good as of now with slight improvement and not much dump except one particular dump before week or so which provided further pump, but are these manipulation just to for whales to cash out before the halving and then invest again at a cheaper value to get most profit of out it post halving? Are we going to witness major dump before halving?

That is very possible to happen. It do happened in the past where btc is approaching the bitcoin halving in 2016 the price slightly declined for a while and then got back up stronger and creates a unexpected amount all time high.

If whales do really exist and have a full control over the market this scenario will probably happen.

[danherbias07]

Yes, there might be.
This happened before if my memory is not mistaken.
They tried to make the price go as low as possible to buy more bitcoin preparing for a large pump that will happen.
As of when, that is the real question there.
Will 8k be the lowest or 7k USD will also be reached? What will it be? We will never know. We will understand it once the halving starts or ends.

[carlfebz2]

Honestly speaking the bitcoin market is good as of now with slight improvement and not much dump except one particular dump before week or so which provided further pump, but are these manipulation just to for whales to cash out before the halving and then invest again at a cheaper value to get most profit of out it post halving? Are we going to witness major dump before halving?

Who knows? We might see even more dumps along the way as we do reach the halving event not only one but would really be on numbers.
We cant actually able to predict precisely on what would happen next.We are tanking on 9k price which is somewhat better compare on going sideways with
7k level.There might be some possible corrections leading back to the track but the question is on when? As a trader/investor, always look at on the price
if there are possible signs that would trigger out possible movement then take it as an opportunity.

[jakelyson]

Honestly speaking the bitcoin market is good as of now with slight improvement and not much dump except one particular dump before week or so which provided further pump, but are these manipulation just to for whales to cash out before the halving and then invest again at a cheaper value to get most profit of out it post halving? Are we going to witness major dump before halving?

The bitcoin market is so volatile that you really cannot tell which is price manipulation by whales from authentic market movement. One thing I know, when the price dumps, the opportunity to accumulate is open to anyone, not just the whales. There will be price manipulation, whether before or after halving. Question is, can we spot it and ride it like the whale does?

[Pearls Before Swine]

the price will dump from $40,000 down to somewhere around $28,000

Wow, that's optimistic!  And very specific, too. 

I happen to doubt that bitcoin is going to get that high before the halving, and I honestly don't think there's going to be much of a rise beforehand, unless we've already seen it when bitcoin rose up to where it currently is.  I could be wrong about that but even if there is a bull rally before the halving, a 4x rise in what amounts to a fairly short time frame wouldn't be good and then I would *definitely* expect a huge drop in price.

Can't we all just hope for a nice, slow, steady gain in value instead of wanting bitcoin to rocket to the moon?

[Lucius]

Can't we all just hope for a nice, slow, steady gain in value instead of wanting bitcoin to rocket to the moon?

You can hope as much as you want, but "nice, slow, steady" are not words that can currently describe Bitcoin. It is appropriate to use words like explosive, volatile, unpredictable, manipulative, and if you want something stable and relatively secure, there are gold and silver as alternative investments. We must accept that the cryptocurrency market is very small compared to other markets, and therefore subject to manipulation of pumps&dumps. If you buy $100 million worth of coins now, price will jump - no doubt about that - if you dump that amount worth of coins, guess what happens?


We have dumps a few times after price is hit $14 000, and this is the normal state of things. One should not expect that the price will be stable, and what we see is that price can not stay too long on same level. The current situation is saying to me that we should expect one more dump, for a simple reason - there is no power to push up.