What's going on?

[Wysi]

What's going on with the market as everyday you can see a quick pump or dump which was not the case until last one month? I thought it's done by whales but I don't think they will do it so often. Who is creating these fluctuations and where will this lead us? Bull run or bear market?

[MURONDI]

it is traders who create fluctuations, both large traders and small traders, usually big traders sell or buy bitcoin then followed by other traders so as to create a trend, There are also other factors that can cause trends such as important news or important days.

[tianglistrik]

usually what I know if that happens means there is a price pump movement, and usually they already have information from several people who have full control. pumps that have actually happened for good reasons haven't been seen so far, we really have to be careful because if we get stuck then our funds could be lost or lost

[virasog]

What's going on with the market as everyday you can see a quick pump or dump which was not the case until last one month? I thought it's done by whales but I don't think they will do it so often. Who is creating these fluctuations and where will this lead us? Bull run or bear market?

All of the questions which you have asked have no definite answers. The current bitcoin movement can be result of manipulation or it can be real sell and buy as we had some hacking exchange news which also created a bit of panic. In the long term, I can see a bull market but in short frame of time no one is sure that bitcoin will move toward 6000$ or 9000$ in the near future.

[bitcampaign]

What's going on with the market as everyday you can see a quick pump or dump which was not the case until last one month? I thought it's done by whales but I don't think they will do it so often. Who is creating these fluctuations and where will this lead us? Bull run or bear market?

nothing happened even as usual like this, where bitcoin prices always go up and down drastically, I feel this is the moment where the determination will be revealed, I'm not saying we finally found a bull run or bear market, this year is the determination where they determine Where do we end up, let them whales work to double the money

[Astvile]

Unpredictable price movements from the dump to pump is just pretty common in the cryptocurrency world, it can be caused by 2 factors. Fud news and just the usual trading activities on a crypto exchange. And that's the volatility of cryptocurrency.

[AniviaBtc]

it is traders who create fluctuations, both large traders and small traders, usually big traders sell or buy bitcoin then followed by other traders so as to create a trend, There are also other factors that can cause trends such as important news or important days.

I think one reason is those who make withdrew their bitcoin into dollar. They're the reason why the demand is getting higher in the market. They withdrew a huge amount of money and convert it into a fiat currency and the bank has nothing to do with it.

The trend existed in the market because of the market value of bitcoin and they think that this is the right time to buy and sell bitcoin.

[1Referee]

The current bitcoin movement can be result of manipulation or it can be real sell and buy as we had some hacking exchange news which also created a bit of panic.

I think the dumps we're seeing lately are from those who were long before, but due to the bearish posture of the charts, are now looking for that liquidity to sell into. In other words, every bounce up will likely be utilized as an opportunity to sell into. Bitcoin has had a bearish monthly close which is just another indicator of how people shouldn't expect a recovery back to +$9000 levels.

Best course of action for most non traders is to either ignore the market for a while, or dollar cost average to increase your hodl stack. These are the times where you should be buying, not when it's peaking like what happened around the $14,000 level.

[Viper1]

What's going on with the market as everyday you can see a quick pump or dump which was not the case until last one month? I thought it's done by whales but I don't think they will do it so often. Who is creating these fluctuations and where will this lead us? Bull run or bear market?

No one can answer your questions. Stop trying to figure out why things happen in this market or predict what may happen. Learn how to make money from what has always been the case, that these markets fluctuate up and down wildly. Once you do that, you'll be able to make money far more consistently with far more wins than losses.

[blckhawk]

Can't predict accurately who does this, but whales are what I only see that can do such manipulation desptie steady uptrend on the price. If you look at the charts, the dumps are quite steep and its either large players or manipulators. It's quite normal months before the anticipated halving, manipulations are a thing for these whales to profit as much as they could until the next bubble that would happen.

[100bitcoin]

What's going on with the market as everyday you can see a quick pump or dump which was not the case until last one month? I thought it's done by whales but I don't think they will do it so often. Who is creating these fluctuations and where will this lead us? Bull run or bear market?

This is FUN. Just HODL and enjoy the show.

[Bonenx14]

if it is seen as if there is a market control with large capital, which is done by groups or people who have lots of funds. There have been many such incidents this year and there has not been a pump that was purely due to market forces.

[lionheart78]

What's going on with the market as everyday you can see a quick pump or dump which was not the case until last one month? I thought it's done by whales but I don't think they will do it so often. Who is creating these fluctuations and where will this lead us? Bull run or bear market?

The fluctuation is simply a product of supply and demand.  As usual, buyer wanted to get Bitcoin cheaper so they put a buy order at a lower price while the seller wanted to get profit by selling it higher.  Those who have no patience in waiting either aggressively sell or buy Bitcoin thus the fluctuation or volatility.  In some occasion pumpers and dumpers appears but mostly this fluctuation is just the normal movement of Bitcoin market.

[kolonel_x]

Fluctuations can be carried out by large traders because the influence is huge after the whales are controlling the market with many news issues out there and this could make fluctuations continue and I think this will happen because Bullrun and bearish will often happen.

[kanayaTabitha]

What's going on with the market as everyday you can see a quick pump or dump which was not the case until last one month? I thought it's done by whales but I don't think they will do it so often. Who is creating these fluctuations and where will this lead us? Bull run or bear market?

Why you think they don't do it so often ? If they could make money from doing it repeateably they will always do that, all we have to do to stop it is stop being FOMO when the price pump after a dump. Holding as long as we can will make whales are tired to wait and they will never get a cheap price bitcoins

[Wapfika]

Can't predict accurately who does this, but whales are what I only see that can do such manipulation desptie steady uptrend on the price. If you look at the charts, the dumps are quite steep and its either large players or manipulators. It's quite normal months before the anticipated halving, manipulations are a thing for these whales to profit as much as they could until the next bubble that would happen.

This said to be because of whales or due to those who have large holdings that manipulating the ups and down or simply because of the volatility of the market we will keep experiencing this. That's why we need to know whether the alts that we still have is updated, we need to be updated in news too every now and then.

[Taskford]

Can't predict accurately who does this, but whales are what I only see that can do such manipulation desptie steady uptrend on the price. If you look at the charts, the dumps are quite steep and its either large players or manipulators. It's quite normal months before the anticipated halving, manipulations are a thing for these whales to profit as much as they could until the next bubble that would happen.

This said to be because of whales or due to those who have large holdings that manipulating the ups and down or simply because of the volatility of the market we will keep experiencing this. That's why we need to know whether the alts that we still have is updated, we need to be updated in news too every now and then.

Manipulation or not we shouldn't get panic on the situation since if we are crying for the market movements this days for sure we will end up losers in the game but if we know how to play with it maybe we can earn together with those whales that's why we need to understand first the tradings and chart reading so that we may know on when to react and what to do when certain but things strike in quick instance.

[danherbias07]

It ain't new for me. It happened before.
The back and forth of price fluctuation without even a clue what is happening.
For me that is how the market of crypto currency move so I dont care much.
Although I do trade, this is something that happens over and over again. I mean, it had been repeatedly going so it will be non sense to give a shit about it.

[fourpiece]

What's going on with the market as everyday you can see a quick pump or dump which was not the case until last one month? I thought it's done by whales but I don't think they will do it so often. Who is creating these fluctuations and where will this lead us? Bull run or bear market?

the market is very unpredictable you cant figure out were it will go.  I see for now that traders are making a quick profit.  If whales will join the party it will create  huge difference on the  price.

[yulionoo]

What's going on with the market as everyday you can see a quick pump or dump which was not the case until last one month? I thought it's done by whales but I don't think they will do it so often. Who is creating these fluctuations and where will this lead us? Bull run or bear market?

I think bitcoin has always been very volatile. You are right sometimes the price of bitcoin can also be manipulated by the pope but in my opinion the decline and increase of bitcoin yesterday was influenced by negative news about cryptocurrency or what we call FUD and FOMO. FUD can affect people quickly and when most crypto holders are affected by this FUD and FOMO then this will certainly have an impact on demand and supply and will ultimately affect the price of bitcoin.