Exact reason for the dump

[el kaka22]

They are all contributing to each other as well. Yes there are times when a whale sells like 30 thousand bitcoins all at once for some reason and that does cause it to go down, that is a real reason.

Sometimes it is just traders buying and selling and making a profit on the volatile nature, that is true, there is no regulation so you can buy and sell however you want without any problems at all. And lastly sometimes banks or governments print a ton of money and that does cause bitcoin to drop even tho it should do the opposite but people go back on regular investments for a chance to make a profit. Long story short all of the reasons are valid reasons, we usually don't know which one it is at that moment but we all know it is one of these reasons that causes price to go down.

[Gotumoot]

All the answers you have to recieve to your question are pure speculation only,

Speculation connected to false news, (Fud)
Speculation connected to events occurring in the vicinity.

[Wysi]

All the answers you have to recieve to your question are pure speculation only,

Speculation connected to false news, (Fud)
Speculation connected to events occurring in the vicinity.

What else can we expect as market research is not not going to work anymore because the pump and dump are no longer connected to world affairs which concerns crypto market as whales take the call about pump or dump and we are a pawn in the claw to steer the market. We can no longer predict the market but needs to adapt to the situation.

[bitbunnny]

There is never exact reason or answer when Bitcoin is involved. We all know that Bitcoin is volatile and different factors and different conditions in the market could lead to price change, often without simple explanation and with influence of combined events. So don't look for a reason for every price dump or pump you will not find a traceable pattern.

[CyberKuro]

Trying to figure out who is responsible for the dump or probably there is an event that affects the market might be a little bit vague.
When the price falls i.e. some whales sold theirs which results in the price fall significantly in a relatively short period of time that intrigue others to follow their path, panic sell to secure fiat money, and now here we are.

[Tylev]

Hello friends,
I have been reading a lot lately about this dump and I am yet to get it clear,
*some times I read things like someone is responsible for the dump.
*sometimes as it the due to the volatile nature of bitcoin or scaling,
*sometimes it sounds like it is economy regulation.
I have sources of information such as crypto new app, bitcointalk forum and I listen to crypto news once a while on BBC. Please, where am I getting it wrong?

There is no "exact" reason. That's what most people don't understand about markets. Price discovery is the result of literally billions of variables. If some bad news comes out, will some people sell because of it because they expect lower prices? Sure. There are also a million reasons why other people might be buying at the same time. It's all about supply and demand conditions, not events.

That's why I highly recommend studying TA. It's the most clear cut way to analyze supply and demand for an asset like Bitcoin, which has no financials or similar fundamental data points to analyze.

Now there is information about the ban of all cryptocurrency exchanges located in China. The government of this country is taking decisive measures to combat decentralized cryptocurrency, preparing only fertile ground for the emergence of its stable CBDC coin. Perhaps this has played a significant role in the fall of the cryptocurrency market in recent times. True, Bitcoin has not responded to the events in China for a long time. In any case, such a fall should not be long. Bitcoin is able to quickly recover in price after the appearance of negative information.

[ecnalubma]

Hello friends,
I have been reading a lot lately about this dump and I am yet to get it clear,
*some times I read things like someone is responsible for the dump.
*sometimes as it the due to the volatile nature of bitcoin or scaling,
*sometimes it sounds like it is economy regulation.
I have sources of information such as crypto new app, bitcointalk forum and I listen to crypto news once a while on BBC. Please, where am I getting it wrong?

Dump is normal so don’t worry. Its happening in the space since the very beginning, manipulation, FUD, pump and dump etc. Too tired speculating everyday, better focused on the future prices and stick to the fundamentals why Bitcoin and Crypto should exists forever.

[goaldigger]

Hello friends,
I have been reading a lot lately about this dump and I am yet to get it clear,
*some times I read things like someone is responsible for the dump.
*sometimes as it the due to the volatile nature of bitcoin or scaling,
*sometimes it sounds like it is economy regulation.
I have sources of information such as crypto new app, bitcointalk forum and I listen to crypto news once a while on BBC. Please, where am I getting it wrong?

I'm not making any effort to know the exact reason because of so many speculation and beliefs, and I'm so busy looking for a funds so I can buy a cheaper coins. If something went wrong in the market, you need to analyze first your position and if you can't handle the stress you can go out in the market and but when its cheap again. I also have crypto app news, bookmarks some crypto site but still I can't depend on that and most of the time I don't listen to that I just buy when I see the market cheap.

[Taskford]

Hello friends,
I have been reading a lot lately about this dump and I am yet to get it clear,
*some times I read things like someone is responsible for the dump.
*sometimes as it the due to the volatile nature of bitcoin or scaling,
*sometimes it sounds like it is economy regulation.
I have sources of information such as crypto new app, bitcointalk forum and I listen to crypto news once a while on BBC. Please, where am I getting it wrong?

For reading this article it gives me a strong feeling that this one cause a major dump right now https://bitcoinist.com/4-reasons-why-bitcoin-price-continues-to-crash/ and hopefully the effect will fade away so that we can see a price changes on next following days since I think we will be on the series of price pumping since the bitcoin halving is nearly coming maybe those one reasons has been circulated for fud but hopefully we will surpass that and fud will colapse.

[kapalmabur]

Hello friends,
I have been reading a lot lately about this dump and I am yet to get it clear,
*some times I read things like someone is responsible for the dump.
*sometimes as it the due to the volatile nature of bitcoin or scaling,
*sometimes it sounds like it is economy regulation.
I have sources of information such as crypto new app, bitcointalk forum and I listen to crypto news once a while on BBC. Please, where am I getting it wrong?

For reading this article it gives me a strong feeling that this one cause a major dump right now https://bitcoinist.com/4-reasons-why-bitcoin-price-continues-to-crash/ and hopefully the effect will fade away so that we can see a price changes on next following days since I think we will be on the series of price pumping since the bitcoin halving is nearly coming maybe those one reasons has been circulated for fud but hopefully we will surpass that and fud will colapse.

FUD is still continuing, Bitcoin is trying to drop again below $ 7000, now the news about UPBIT hacked by hackers makes bitcoin prices low again,
this is causing a dump on altcoin, hopefully it can survive this dump

[Wexlike]

FUD is still continuing, Bitcoin is trying to drop again below $ 7000, now the news about UPBIT hacked by hackers makes bitcoin prices low again,
this is causing a dump on altcoin, hopefully it can survive this dump

CME futures closing in two days with a starting price of ~$9500. In what direction do you think we will go in the next 48 hours ?

[1Referee]

The exact reason why dumps occur only known by the groups that does it, and even if the conditions are dumped I am sure that the group has the right calculation and they benefit.

I have seen people suspect whales of teaming up to manipulate the price quite frequently this year, yet no one has actually backed up these claims.

Whales are just like you and me investors/traders/believers, but then with much deeper pockets. Are you and me teaming up to manipulate the price? I don't even know you. The same applies to whales. We are all trading against each other because we all have a different strategy. I'm pretty sure that when we pumped from $7300 to $10,300 some weeks ago it crushed a lot of whales too.

In fact, it's much easier for small fishes to enter and exit than whales because there is not enough liquidity for them to sell into, which means that whales market selling in panic lose big time due to slippage.

[strunberg]

FUD is still continuing, Bitcoin is trying to drop again below $ 7000, now the news about UPBIT hacked by hackers makes bitcoin prices low again,
this is causing a dump on altcoin, hopefully it can survive this dump

CME futures closing in two days with a starting price of ~$9500. In what direction do you think we will go in the next 48 hours ?

i think current down caused by futures trade. And in my opinion CME take this responsibility, look at trading volume on CME day by day. Its keep increase but bitcoin price down alot. If we do some research on futures trade , the6 will trying get best price for them by creating fake pump or dump. Their purpose to attract traders and investors follow their direction. I am sure several days later bitcoin and cryptocurrency still drop , and cme trading volume will increase again.

[Hippocrypto]

Hello friends,
I have been reading a lot lately about this dump and I am yet to get it clear,
*some times I read things like someone is responsible for the dump.
*sometimes as it the due to the volatile nature of bitcoin or scaling,
*sometimes it sounds like it is economy regulation.
I have sources of information such as crypto new app, bitcointalk forum and I listen to crypto news once a while on BBC. Please, where am I getting it wrong?

For reading this article it gives me a strong feeling that this one cause a major dump right now https://bitcoinist.com/4-reasons-why-bitcoin-price-continues-to-crash/ and hopefully the effect will fade away so that we can see a price changes on next following days since I think we will be on the series of price pumping since the bitcoin halving is nearly coming maybe those one reasons has been circulated for fud but hopefully we will surpass that and fud will colapse.

FUD is still continuing, Bitcoin is trying to drop again below $ 7000, now the news about UPBIT hacked by hackers makes bitcoin prices low again,
this is causing a dump on altcoin, hopefully it can survive this dump

The situation worsen everyday and I think it was really planned before this happened. Hacking concerns erradicating so bad right now, and with respect to upbit, I believed their end should be scrutinized why this scenario blasted huge funds of their customers. Nobody knows yet, how we could survive with these struggles that kepts attracting more possible dumps.

[panganib999]

No need to think about the reason ngl. Most of the reasons you see on the internet are either FUD or just coincidences. The reason can be simply attributed to demand and supply of BTC. Just that the demand slightly fell behind the supply, making the market of BTC go lower than before by quite a lot. And how did demand and supply change? Again, cause of FUD. A lot of people were swept away by some of the latest news on going which led to them selling their coins in panic, creating the current scene right before us.

[Oilacris]

Hello friends,
I have been reading a lot lately about this dump and I am yet to get it clear,
*some times I read things like someone is responsible for the dump.
*sometimes as it the due to the volatile nature of bitcoin or scaling,
*sometimes it sounds like it is economy regulation.
I have sources of information such as crypto new app, bitcointalk forum and I listen to crypto news once a while on BBC. Please, where am I getting it wrong?

For reading this article it gives me a strong feeling that this one cause a major dump right now https://bitcoinist.com/4-reasons-why-bitcoin-price-continues-to-crash/ and hopefully the effect will fade away so that we can see a price changes on next following days since I think we will be on the series of price pumping since the bitcoin halving is nearly coming maybe those one reasons has been circulated for fud but hopefully we will surpass that and fud will colapse.

FUD is still continuing, Bitcoin is trying to drop again below $ 7000, now the news about UPBIT hacked by hackers makes bitcoin prices low again,
this is causing a dump on altcoin, hopefully it can survive this dump

The situation worsen everyday and I think it was really planned before this happened. Hacking concerns erradicating so bad right now, and with respect to upbit, I believed their end should be scrutinized why this scenario blasted huge funds of their customers. Nobody knows yet, how we could survive with these struggles that kepts attracting more possible dumps.

Get used to it, as if you were just new to these kind of events.Havent you seen on how many times do these negative things try to dump out the market?

It just sucks when we are on a sideways market waiting for some good news to bring the price up and then suddenly we do able to see a bad news about another hacking event.
You would really get upset on that one but no matter how bad it is or the price drop would happen there would always be a recovery.

[d3nz]

I guess the only reason on why there is the dump and its because of whales manipulating thr market and maybe for some other reason but i think they are the one who manage what will be the future price of market.

And that's why we can take advantage of the market crisis and accumulate more since we can have a big profit once market explode again maybe by this year or next year.

[gabbie2010]

Unfavorable fundamental news can also be responsible for dump of the prices of cryptos majorly clamp down on exchanges, regulations etc  in countries where there is large proportion of cryptos hodlers eg China always have an instant negative impact on the prices of cryptos logically responsible for decline in the prices.

[wheelz1200]

Hello friends,
I have been reading a lot lately about this dump and I am yet to get it clear,
*some times I read things like someone is responsible for the dump.
*sometimes as it the due to the volatile nature of bitcoin or scaling,
*sometimes it sounds like it is economy regulation.
I have sources of information such as crypto new app, bitcointalk forum and I listen to crypto news once a while on BBC. Please, where am I getting it wrong?

You are getting it wrong in the fact that you are looking for the direct source.  Unfortunately there are no news outlets that will report exactly what and why it happened because they dont exactly know either.  That is just the crypto markets sometimes it flies sometimes it dies  

[jostorres]

There cannot be only one reason why bitcoin market slipped in recent times. Because, we are not seeing any big exchanges got hacked nor any big country is banning cryptos. I believe these are the reasons which could trigger down fall in crypto markets. But when some whales sold their big stash of bitcoin at the support levels for the intention of buying back them for cheaper rates, it will trigger FUDs and the weak-hands will be following those whales.

If you notice, when market will be sustaining around the support or resistance level, whales come into action to decide the direction based on their benefit levels. They will pump or dump to break the support or resistance levels. In my opinion, the recent down-fall is just another whales' manipulation.