why Bitcoin Dumping ?

[Dave1]

Bitcoin Started Dumping again  
Now can we expect $17000 Again?
According to me, it will Dump again $17000    am I right?

Fluctuation always happens in the market, and even though these things happen if you are a long term holder of bitcoin you are not affected by these scenarios.

      The only ones affected in these situations are the day traders or scalpers and communities who easily panic leading to the sale of their assets thinking that the fall will continue but the truth is not.

Now the price continues to fall, several scenarios occur due to bad news happening regarding other negative things and this is indeed FUD which continues to be spread, we don't need to panic because after all, the price will not be corrected as long as it is corrected, we must be a strong holder and should not be influenced by anything.

Daily traders usually do stop loss to prevent big losses because this is indeed an unexpected situation who thought March would get better instead bitcoin turned around to $ 19,000 again because in the opposite direction there was a lot of panic going on until there was a possibility that someone was selling assets in this situation recently.

I don't think it's FUD though, it's very clear by now,

he U.S. Treasury Department has proposed a 30% excise tax on the cost of powering crypto mining facilities.

A provision in the department’s “Greenbook,” its list of tax proposals and explanations for the U.S. President’s budget proposal, would create a phased-in excise tax based on the costs of the electricity used in crypto mining, imposed on the companies “using computing resources” to mine cryptocurrencies.

https://www.coindesk.com/policy/2023/03/09/us-treasury-department-proposes-30-excise-tax-on-crypto-mining-firms/

So it's a announcement that negatively affecting the price, hitting lows of below $20k again.

Very hard since almost all of what we have gain has been wipeout because of this news.

[Jody.Drummer]

From the start of the bull run after a long time bitcoin has been under 20k also we are constantly reminded of the bear market that will last a long time and this bull run is temporary, and we shouldn't be surprised when bitcoin turns red again. For people who want to hold on for a very long time, it is precisely at times like this that they buy bitcoin again. However if those who are unable to hold on for long periods of time, they will most likely panic.
This is a very common thing in the bitcoin space, the price swings in a short period of time we have seen a lot. What we can do is keep holding on to the decline, and if we can then increase the number of bitcoins we hold.

[Mozzart]

this week there is a lot of negative news around bitcoin and other factors related to it. Many thought that today the price will go below the 20k mark. For now, we keep this level, this weekend will show the trend for the new week.I am still full of confidence that we will not go any lower but will try to maintain the current level.

[fadhilz123]

this week there is a lot of negative news around bitcoin and other factors related to it. Many thought that today the price will go below the 20k mark. For now, we keep this level, this weekend will show the trend for the new week.I am still full of confidence that we will not go any lower but will try to maintain the current level.

The current price level was not maintained, but instead increased again like today where Bitcoin is already at $ 23500 and that is an increase of 15% for today. I am also still very confident that in March Bitcoin can still go to $ 25K if the price increase like now can still occur frequently in the following days of this month and now I don't know if something good is happening so that the price increase can be that fast.

[bettercrypto]

In the current situation, the price of bitcoin has dropped in the past few days and now it has recovered somehow.

     This happened because this week as far as I know there was a banking system problem in the US country related to cryptocurrency such as the shutdown of Silvergate, and signature bank. thus affecting bitcoin's market value.

[summonerrk]

In recent days, the price of bitcoin has not been weakly tossed up and down. Dumping is: 1) whales buy bitcoins because the price seems attractive to them or they are trying to cause panic in the market. This means a panic sale from hamsters, like an avalanche. After that, the whales will be purchased at a low price. 2) or it's just fluctuations in the market from ordinary cryptocurrency users who coincidentally bought bitcoin together

[Quidat]

In recent days, the price of bitcoin has not been weakly tossed up and down. Dumping is: 1) whales buy bitcoins because the price seems attractive to them or they are trying to cause panic in the market. This means a panic sale from hamsters, like an avalanche. After that, the whales will be purchased at a low price. 2) or it's just fluctuations in the market from ordinary cryptocurrency users who coincidentally bought bitcoin together

Why just people cant really accept the fact that the price is really just simply volatile? Why they are still get shocked about on the price been going up and down?
Dumping? Its not the first time and we know on whats the behavior of this market which is simply that cant really be that known or predicted.This is why on the time that you do
engage out with this market or do make out involvement then you should really make yourself prepared about the movement of prices.
Face up on whatever things that you would encounter and its just like an ordinary day if we do speak about movement.

[Mario Yamasaki]

Dumping is a common thing, even many people want to buy bitcoin when the price is cheap, in my opinion dumping is also a good opportunity for daily traders so that bitcoin is always active, with the very large bitcoin marketcap at this time of course the price drop is purely from the conditions that are happening in market, it's hard if anyone can manipulate bitcoin price.

[Bitcoin_people]

Bitcoin Started Dumping again 
Now can we expect $17000 Again?
According to me, it will Dump again $17000    am I right?

The Bitcoin market changes every moment and it never stands still. A few days ago the Bitcoin market went down a lot but later the market started to rise again. If you watch the Bitcoin market today, you will see that Bitcoin has seen a massive increase in the past few days. But right now, the price of Bitcoin is around $25,000 and looks likely to rise further in a few days. The Bitcoin market has changed a lot these days and the price is also increasing drastically.

[Hallroom]

The price of Bitcoin fluctuates due to various reasons.  When a cryptocurrency-related company collapses or declares bankruptcy, the price of Bitcoin goes down a bit as all investors tend to convert to other platforms such as Bitcoin to dollars. Due to this, the price of Bitcoin continues to decline. As the number of people investing increases, the price of Bitcoin continues to increase exponentially. There are also other reasons why the price of Bitcoin increases.

[Pesona1]

The price of Bitcoin fluctuates due to various reasons.  When a cryptocurrency-related company collapses or declares bankruptcy, the price of Bitcoin goes down a bit as all investors tend to convert to other platforms such as Bitcoin to dollars. Due to this, the price of Bitcoin continues to decline. As the number of people investing increases, the price of Bitcoin continues to increase exponentially. There are also other reasons why the price of Bitcoin increases.

Bitcoin price movements are influenced by several factors but the most important are demand and supply, but sometimes external influences such as negative issues, bankruptcy of crypto companies and even statements from leaders of major countries also often affect the decline in crypto prices, then when prices fall do we need to panic? definitely not, because with a decrease in price we can at least buy bitcoin at a low price and this gives us the opportunity to get a bigger profit if bitcoin recovers later.

[ShowOff]

Bitcoin price movements are influenced by several factors but the most important are demand and supply, but sometimes external influences such as negative issues, bankruptcy of crypto companies and even statements from leaders of major countries also often affect the decline in crypto prices, then when prices fall do we need to panic? definitely not, because with a decrease in price we can at least buy bitcoin at a low price and this gives us the opportunity to get a bigger profit if bitcoin recovers later.

You will very rarely get news that bitcoin's internal factors have made its price dumped. The average is influenced by external factors including some of the things you say, in fact I can say all of them.

Then from that, not all traders have the same abilities and knowledge and strategies in the market. Consider that some of them are beginners, they tend to panic because of price volatility, make wrong decisions, and they will incur losses. If everyone in crypto is the same, then I don't think the price volatility is this great.

[BobK71]

The price of Bitcoin fluctuates due to various reasons.  When a cryptocurrency-related company collapses or declares bankruptcy, the price of Bitcoin goes down a bit as all investors tend to convert to other platforms such as Bitcoin to dollars. Due to this, the price of Bitcoin continues to decline. As the number of people investing increases, the price of Bitcoin continues to increase exponentially. There are also other reasons why the price of Bitcoin increases.

There are many other factors involved in Bitcoin, but generally these factors are very common for fluctuation of bitcoin. If we notice that when there was panic about the bankruptcy of Silicon Valley Bank, Bitcoin slowly started to fall below $20k but when the bank customers were again allowed to access their money or get the permission for withdraw money at that time Bitcoin rose to the highest as of lately, Bitcoin is influenced by economy, business and rich country's various rules and regulation.

[Ngewex Yuk]

The price of Bitcoin fluctuates due to various reasons.  When a cryptocurrency-related company collapses or declares bankruptcy, the price of Bitcoin goes down a bit as all investors tend to convert to other platforms such as Bitcoin to dollars. Due to this, the price of Bitcoin continues to decline. As the number of people investing increases, the price of Bitcoin continues to increase exponentially. There are also other reasons why the price of Bitcoin increases.

For the long term, bitcoin will continue to be good and profitable, and today the price has risen more than 6% and this week has risen more than 32%, of course many regret selling bitcoin cheaply, many experts predict that when bitcoin can touch $ 25 k then it will continue to rise and unstoppable seems right.

[Kodok Bencot]

As investors we must always think positively, whatever conditions occur we must act wisely, when the price is dumping it is the best opportunity to buy, most people do the opposite to buy when it is rising and sell when the price is dropping, let's change that and when the price is dumping then we have to buy more.

[Bitcoin2009]

this week there is a lot of negative news around bitcoin and other factors related to it. Many thought that today the price will go below the 20k mark. For now, we keep this level, this weekend will show the trend for the new week.I am still full of confidence that we will not go any lower but will try to maintain the current level.

Yes right, when the price goes up, more and more FUDs are spread, usually they say this temporary increase is just a trap because the price will dive again, but we don't care about FUDs, instead I keep buying and will hold for the long term, I'm sure this year the price can reached ATH in the $80k range.

[mich]

Bitcoin is not dumping no more. I hope no one made a bad habit to 'panic sell' during the correction. I think people panic sell because they feel the benefits of seeing their investment succeed do not outweigh their perceived negative consequences of a loss.

For example, behavioral economists have observed that people are naturally loss averse.  They like winning but they hate losing more. Therefore, people sell because at the end of the day they are committed to avoid losing than to actually winning.

[wmaurik]

The price of Bitcoin fluctuates due to various reasons.  When a cryptocurrency-related company collapses or declares bankruptcy, the price of Bitcoin goes down a bit as all investors tend to convert to other platforms such as Bitcoin to dollars. Due to this, the price of Bitcoin continues to decline. As the number of people investing increases, the price of Bitcoin continues to increase exponentially. There are also other reasons why the price of Bitcoin increases.

Another reason that makes Bitcoin continue to increase is because there is a higher level of buying and it could also be because of the bankruptcy of a central bank which has recently been the topic of many people's conversations. Thus making investors and bank customers have to look for other places to save their money which some of them might run to Bitcoin so that Bitcoin has increased a lot in a matter of days.

For the long term, bitcoin will continue to be good and profitable, and today the price has risen more than 6% and this week has risen more than 32%, of course many regret selling bitcoin cheaply, many experts predict that when bitcoin can touch $ 25 k then it will continue to rise and unstoppable seems right.

Now the price of Bitcoin is starting to be stuck at $27K even though it almost touched $28K yesterday, but for now Bitcoin is only at $27K and I also still have confidence that the price increase will continue again until it is close to $30K if the volume of purchase requests can continue to increase on the market this March.

[Xcode7]

For the long term, bitcoin will continue to be good and profitable, and today the price has risen more than 6% and this week has risen more than 32%, of course many regret selling bitcoin cheaply, many experts predict that when bitcoin can touch $ 25 k then it will continue to rise and unstoppable seems right.

Now the price of Bitcoin is starting to be stuck at $27K even though it almost touched $28K yesterday, but for now Bitcoin is only at $27K and I also still have confidence that the price increase will continue again until it is close to $30K if the volume of purchase requests can continue to increase on the market this March.

it seems so, it's been 1 week the price of Bitcoin has continued to increase and I also believe that the positive trend will continue.
I think there is nothing surprising about the slight decline / correction in prices that occur because it is very natural because Bitcoin price movements move quickly, but let's look at the many positive things that happened at the beginning of this year and this increasingly convinced many people that the price of Bitcoin in 2018 it will continue to grow, so there is no need to panic or be afraid when the price is slightly corrected.

[S A KHAIR]

For the long term, bitcoin will continue to be good and profitable, and today the price has risen more than 6% and this week has risen more than 32%, of course many regret selling bitcoin cheaply, many experts predict that when bitcoin can touch $ 25 k then it will continue to rise and unstoppable seems right.

Now the price of Bitcoin is starting to be stuck at $27K even though it almost touched $28K yesterday, but for now Bitcoin is only at $27K and I also still have confidence that the price increase will continue again until it is close to $30K if the volume of purchase requests can continue to increase on the market this March.

it seems so, it's been 1 week the price of Bitcoin has continued to increase and I also believe that the positive trend will continue.
I think there is nothing surprising about the slight decline / correction in prices that occur because it is very natural because Bitcoin price movements move quickly, but let's look at the many positive things that happened at the beginning of this year and this increasingly convinced many people that the price of Bitcoin in 2018 it will continue to grow, so there is no need to panic or be afraid when the price is slightly corrected.

We cannot expect bitcoin to only increase without correction, what is happening is completely normal. I think bitcoin will correct to $25k, then bounce back and hit $30k soon this month. What I hope is that there won't be any negative news, it won't be too hard for bitcoin to conquer $30k.