What's going on?

[Wysi]

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 agree with your findings about traders having a major role in these daily fluctuations as they can form a community and play accordingly and news does not hold as importance as it did in the past as the effects of news are not seen nowadays. It's the traders who seems to be steering the market.

[coolcoinz]

+/- 5% is not a pump or dump. It's nothing. For Bitcoin it's another day of trading. If we were sitting at the same price for a week I'd be amazed and this would actually be strange. This is not a typical, traditional market, where 1% a day is a big deal. With Bitcoin everything under 10% is a normal everyday session.
It's caused by many factors, mainly lack of liquidity and the same people or bots buying and selling the same amounts of coins to make a few bucks.

[Mahanton]

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?

Quite odd for a Sr. member of this forum that do ask these basic things when it comes to Btc price.  Havent you here yet for a couple of years on crypto?
These kind of movements arent even reaching 5-10% so you should consider these fluctuations to be normal knowing that btc's volatility is way more higher than
traditional fiat and stocks.We might able to see some stagnant or moving sideways market for last years and upto present but it can change anytime.
Dont get too surprised.

[NeuroticFish]

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?

Bitcoin and actually all crypto prices are highly volatile. As said, 5% variation is not a big deal. Even 7-9% are not unusual. But you should know this.

Quite odd for a Sr. member of this forum that do ask these basic things when it comes to Btc price.

Yup. Account from January 2014?!

[bitvalak]

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?

What happens in the market is a reflection of sellers and buyers, as simple as that. If you are a dumper it means they are taking profit taking to secure their trading profits.
Large fluctuations are natural because bitcoin has the largest capitalization in cryptocurrency.

[marcous]

this is normal I guess, the price of Bitcoin is basically fluctuating.  nothing is certain in the crypto world, whether manipulation or not, price movements will occur ... so there's no need to panic.  I'm sure the prices will rise aswell.

[gantez]

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?

Bull run but not at the main time. I forecast an upward movement by next year. This year and the last has witnessed a down move, going through my analysis, I'm believing that we are going to have a bull by next year before December. Maybe a repeat of the 2017 move.

[Oceat]

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?

Whales can pump or dump the market on a certain occasions but if you see something like this movement, then it is more likely a traders way to dump/pump the price.

I can't tell nor someone can tell where this market will lead us because whales are the only ones that could make this market to move upward or downward. So far there's no FUD has been created that could potentially shrink the market back to $5k again. And I think they were eager to shrink it because some of the crypto news are creating rumors which is not true..

[exstasie]

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?

Traders call it "chop city." It's actually what markets trade like most of the time. Pumping one day, dumping another, running everyone's stops in both directions, setups failing left and right.

"Don't trade the chop" is an old adage for good reason. As a trend trader I prefer trading strong trends as opposed to range-bound markets.

[barabarian1]

yes i agree with you op the price of bitcoin is now very volatile because there is manipulation by big traders. Large traders sell or buy bitcoin in large quantities and this will affect demand and supply. and sometimes small traders are also influenced to buy or sell, so this trade makes the bitcoin market very volatile. and also news about the banning of crypto at local exchanges in China later also affected yesterday's bitcoin dump.

[fortunecrypto]

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 has been going on ever since there's nothing to be surprised about, there was a time that the market reacts on the opposite and sometimes it takes a few days before we feel the effect, of the good news and bad news, there's always a whales who dump for profit and we can avoid that, we better get used to this.

[abel1337]

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 has been going on ever since there's nothing to be surprised about, there was a time that the market reacts on the opposite and sometimes it takes a few days before we feel the effect, of the good news and bad news, there's always a whales who dump for profit and we can avoid that, we better get used to this.

I experienced it myself though, I though a dump will happen after a piece of negative news is released but the opposite happened, The price was pumped at that time. I don't know why is this happening lately but I'm sure that crypto is hard to predict now.

[acdc]

The volatile cryptocurrency market is due to traders constantly buying and selling. When people want to buy, the price will increase and when people want to sell, the price will decrease, which is quite normal.
I personally think that the best thing about the cryptocurrency market is that it is always volatile, if we are smart we will make a very good profit from such fluctuations.

[Reid]

Not much of a fluctuation for me. $200-300 is just a normal movement.
Are we talking about just bitcoin here or are you seeing different high range of movements with altcoins also?
If you do then please specify them then maybe we could create something analyzing it.

For bitcoin though this is just a little specially for traders. It could be just them which makes this slow movements just for profit.

[KnightElite]

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 has been going on ever since there's nothing to be surprised about, there was a time that the market reacts on the opposite and sometimes it takes a few days before we feel the effect, of the good news and bad news, there's always a whales who dump for profit and we can avoid that, we better get used to this.

I experienced it myself though, I though a dump will happen after a piece of negative news is released but the opposite happened, The price was pumped at that time. I don't know why is this happening lately but I'm sure that crypto is hard to predict now.

The market is really not predictable. I do not know why people claims that they can predict the price of the bitcoin even though it is only their opinions. Study technical analysis and you can use the price historical data in order to have an idea where will the price of the bitcoin.

[btc78]

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?

your account was created from 2014 and still asking this same shit?have not this issues running for how many times now?
and one question have you invested or at least hold some currency today?if not then shut your mouth off,because you are not helping the market instead you are adding some negative thoughts.
remember that volatility of cryptocurrency is what make this market very popular,it can give you big profit in short time,but it can also take your money in short period of time.

[crossabdd]

at the end of 2019, I think bitcoin will be brought to the bear market. there is no significant movement, whales is buying bitcoin secretly. and always delay the price rises. but for the next 2-3 years. the price of bitcoin will grow more than 2x the current price. so don't worry where bitcoin is going. bitcoin will still be useful in the future.

[samcrypto]

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?

Obviously, the buyers and sellers did this trend and we can’t stop them from selling and dumping the market, its their belief that the current value of this market should be more cheaper. As far as i know the market moves like this since last year, the resistance is too much for this year and hopefully next year, cryptomarket will gain a much needed volume to destroy the wall and go beyond the resistance.

[bitvalak]

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 ones who do it are traders and buyers, ranging from small traders and even whales.  I have often said if dumper and pumper occur because of the reflection of transactions in the market, dumper occurs because big players make profit at the end of the year and that is normal.  No need to bother too much about that.

[Wexlike]

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 ones who do it are traders and buyers, ranging from small traders and even whales.  I have often said if dumper and pumper occur because of the reflection of transactions in the market, dumper occurs because big players make profit at the end of the year and that is normal.  No need to bother too much about that.

It's just scalping in both directions with leverage. It will stop until the market decides to go to a specific direction. At least it's a pretty stable trading range.