Are we getting a pump and dump for this month?

[Cacingkemi]

Every year we always have pump and dump in this market. Depending on the news affecting the market, there have been many negative news in 2018 and 2019 that caused this market to collapse even more. But this is 2020, this year there will be Bitcoin halving so I will easily think that this year there will be a big pump coming to this market. The goal set for bitcoin in 2020 could break ATH and create a new price milestone

of course it will be everyone's hope in 2020, because in the last two years market price movements have not experienced a sharp rise or even more often decreased. therefore, I can also predict that this year there will be a large pump that is capable of creating a new history of bitcoin market price movements and some potential altcoins.

[keyscore44]

Of course, any scenario is possible, but I'm not thinking that someone will want to do the pump at the beginning of the year. I think attempts to do a flash crash are more likely. If they are trying to make a pump, I think it will be in March or April at the earliest.

I was not expecting a rally now but yet the market recovered in the past few days but i am not sure because of the tensions in the Middle East or some other reason, the market is trying to break the resistance and move higher and lets see how it will go in the next few days but there is a resistance to break $8k and if it is able to break in the next few trading days then we will see some rally until it touches the next resistance.

As for the threat of the war in Iraq, we can expect stable growth rather than pymp & dump. It is very possible that the resistance at the $8k level will be broken and we will observe further growth. I meant that I don't expect pump & dump in the next few weeks.

Ps. I removed "Of course" from the beginning of the post, it was a bit confusing.

[Kyraishi]

A pump and dump implies something that is hyped out of the air, a rally that is co-ordinated by shills.

I don't think this is what we're seeing right now. This is completely organic, healthy bullishness within the market due to the fact that people's expectations of future prices are much higher, due to events such as BTC halving. Besides, institutional investors have shown their interest last year, which is an added bonus.

So no, I don't think this constitutes as a pump and dump per se. It's just a normal phase of the bull market.

[dunfida]

A pump and dump implies something that is hyped out of the air, a rally that is co-ordinated by shills.

I don't think this is what we're seeing right now. This is completely organic, healthy bullishness within the market due to the fact that people's expectations of future prices are much higher, due to events such as BTC halving. Besides, institutional investors have shown their interest last year, which is an added bonus.

So no, I don't think this constitutes as a pump and dump per se. It's just a normal phase of the bull market.

For an unpredictable and volatile market its really hard to tell  that this is an organic growth and we cant tell if we wont see any possible dumps ahead.
Take a look on the current price increase where we do already almost hitting up that 8500 level.I can say that we are moving way too fast imho
but this is how the market works but we cant stop on where it would go.It always been unpredictable and this increase where we can presume
that current issue of US vs Iran might a possible reason or simply because we are heading on this year bull run.No one can point out which
one but its good to look at that we do at least near on hitting 5 digit price once again.

[ecnalubma]

Manipulation is in every corners so it is possible that pump and dump will always occur regardless of what month. Whales don't like boring market and probably they are the one responsible for creating market scenarious, they could either influence the market negatively or positively.

[Natalim]

Manipulation is in every corners so it is possible that pump and dump will always occur regardless of what month. Whales don't like boring market and probably they are the one responsible for creating market scenarious, they could either influence the market negatively or positively.

Bullish is not boring, they can make more money on that but they are in control of the market because of their power, so they will try to create a pump and dump so price won't not move very high that would probably affect its future when it will be dump hard again.

People who does not fully witness and understand the nature of crypto might say that its scam due to its big dump but us who believe and understand, we always see any season as positive because when it dump we say we accumulate and when it pump it's time to sell for profit.

[bitcoindusts]

It seems we had experience the first pump and dump of the year.  Though this previous price movement may not be considered as major pump but being a minor pump indeed.   Those who bought before this minor pump and sold at peak before the price goes down below $8k  should accumulate again because the pump series is yet to be finish.  There are also prediction that price will go back to $10k so if we happen to accumulate at this point, we can have around 28% profit if the predicted price is met.

[bitbunnny]

Nothing unusual is happening, just common volatility process.
At first everyone was so thrilled about price rise expecting 10000$ or more even this week. But people always forget that price can easily pull back and that there is no guarantee for continuous growth.
Anyway, I expect for price to go back and forth in the next period of time and I don't think that we will see some major changes, probably it will stay somwhere in the range between 7000$ and 8000$.

[kro55]

Nothing unusual is happening, just common volatility process.
At first everyone was so thrilled about price rise expecting 10000$ or more even this week. But people always forget that price can easily pull back and that there is no guarantee for continuous growth.
Anyway, I expect for price to go back and forth in the next period of time and I don't think that we will see some major changes, probably it will stay somwhere in the range between 7000$ and 8000$.

Bitcoin nature is that in few days it can reach to new heights and come back with same speed. Probably that's the reason why we were expecting 10k price but not expectations are price of around 7000$. But that doesn't mean game is over, just keep an eye on bitcoin price and dont forget to buy it at dips.

[Wexlike]

Nothing unusual is happening, just common volatility process.
At first everyone was so thrilled about price rise expecting 10000$ or more even this week. But people always forget that price can easily pull back and that there is no guarantee for continuous growth.
Anyway, I expect for price to go back and forth in the next period of time and I don't think that we will see some major changes, probably it will stay somwhere in the range between 7000$ and 8000$.

I also expect some sideways until we have a break out of it. I expect a big green candle after we slowly move out of the channel through a time-correction. Then we're off for some serious pump up to $17k.

[Divinespark]

Your scenario has happened, the price of bitcoin has been high for the past few days and has risen to $ 8500. While everyone is waiting for a one-time price of $ 10000 this week, everything has changed, the price has been adjusted to $ 7600 and is currently fluctuating in this price range. This is not a bad case, in fact, if bitcoin is stable and does not fall further, the opportunity for it to go up to $ 10000 is entirely possible.

[asus09]

Still have chance for bitcoin back to lower price when Chinese new year coming and bitcoin investor come from China will sell their assets for celebrating their new year and make bitcoin looks down, the same with Cristmas day I think bitcoin back with lower price because Chines new year always give impact for bitcoin going down what happen like last Chinese new year.

[Distinctin]

Still have chance for bitcoin back to lower price when Chinese new year coming and bitcoin investor come from China will sell their assets for celebrating their new year and make bitcoin looks down, the same with Cristmas day I think bitcoin back with lower price because Chines new year always give impact for bitcoin going down what happen like last Chinese new year.

I may not think about it.
https://www.reddit.com/r/CryptoCurrency/comments/7vvec4/hodl_the_chinese_new_year_effect_in_3_simple/
As we could see the chart in the previous New year, there are low dumps happens but it eventually turns back high in a few days after. And may this time still never be affecting more on the price but I'm thinking that it helps to uplift the market.

[Bezobraznike]

Still have chance for bitcoin back to lower price when Chinese new year coming and bitcoin investor come from China will sell their assets for celebrating their new year and make bitcoin looks down, the same with Cristmas day I think bitcoin back with lower price because Chines new year always give impact for bitcoin going down what happen like last Chinese new year.

I may not think about it.
https://www.reddit.com/r/CryptoCurrency/comments/7vvec4/hodl_the_chinese_new_year_effect_in_3_simple/
As we could see the chart in the previous New year, there are low dumps happens but it eventually turns back high in a few days after. And may this time still never be affecting more on the price but I'm thinking that it helps to uplift the market.

   Thanks for sharing this interesting post from Reddit! It's one year old, but it's interesting. First comment is amazing, it's
the same what I think, I will share it for everyone to see it:
-"The lesson I get from this: buy a good coin, hold and forget. Come back in a couple years and check the value of your holdings. Cash out what you need. Come back when you need more. Retire."
   I learn the same lesson every time, buy a good coin and hold for years. Not days, or months, years, more then couple years, maybe
5, at least 5! I am here almost 2 years, and I still hold! Monthly and daily pumps and dumps are not for me, I am here for a long-term!

[Wysi]

Still have chance for bitcoin back to lower price when Chinese new year coming and bitcoin investor come from China will sell their assets for celebrating their new year and make bitcoin looks down, the same with Cristmas day I think bitcoin back with lower price because Chines new year always give impact for bitcoin going down what happen like last Chinese new year.

Yes market is really wild and there are chances and further dumps as well because this recent pump might be a bull trap as well. We need to be really carefully before investing or cashing out,because what if we see a repeat of 2017 again. But facing a further dump before the bitcoin halving is inevitable.

[radjie]

Still have chance for bitcoin back to lower price when Chinese new year coming and bitcoin investor come from China will sell their assets for celebrating their new year and make bitcoin looks down, the same with Cristmas day I think bitcoin back with lower price because Chines new year always give impact for bitcoin going down what happen like last Chinese new year.

If we look at the history of previous years, the coming of the Chinese New Year and Christmas celebrations can indeed influence market price movements to reduce its value, if indeed this incident will continue to repeat we must be able to take advantage of the situation by preparing as much money as we can to buy bitcoin at low prices so that our investment can be increased by utilizing the market situation when the Chinese New Year arrives

[Dart18]

Resistance from 8k is still around. Bitcoin is having a hard time to push thru getting that 9k mark.
Maybe next week we might see it fall to $7500 again.

There is something good though. It aint like the other years which had passed.
It is not falling to a price which is not expected.
Somehow we could still predict here and maybe even make profits if we can just get it right.

[yulionoo]

In January, bitcoin has begun to increase even though it's not a big pump. I think this is a good development. because for a few months bitcoin has been at the level of $ 7k and currently bitcoin is worth $ 8k. I am optimistic that if the state of the bitcoin market continues to improve, by the end of January this bitcoin can reach a value of $ 9k.

[The Cryptovator]

We are encountering more volatility on this new year, but over all bitcoin trend is positive. Likely we wouldn't see ATH but I think bitcoin will not dumped like previous. Last few months show almost stability and this year start movement. Yea, there was some reason like USA/Iran war facts behind of this movement (IMO). But after situation become cool, bitcoin dumped for little time. And from yesterday we seen bitcoin back again above $8K. So I am assuming this trend would continue even slowly, because I believe new buyers entering on bitcoin. If they don't get panic somehow then we might see another small bull. I am positive with bitcoin especially on this year 2020. It's been long time previous holders are waiting for recover. So let's hope for a bull run once again.

[matchi2011]

In January, bitcoin has begun to increase even though it's not a big pump. I think this is a good development. because for a few months bitcoin has been at the level of $ 7k and currently bitcoin is worth $ 8k. I am optimistic that if the state of the bitcoin market continues to improve, by the end of January this bitcoin can reach a value of $ 9k.

That is possible as there's a good barrier which we see now, the current run brings positive improvement to the price of bitcoin. Not a pump and dump
but possible market cycle, a corrections which can lead to uptrend rise movement. Possibilities that news that being spread and incoming updates are bringing impacts to this industry.