When a coin value decrease over time panic sells arise causing dumping . The Bitcoin price is no longer increasing. Am very optimistic that the price will increase when is the question of which no one can give a sure answer. Do you see this as a dumped?
I am not surprised to see Bitcoin fall during this time. A lot of factors have contributed to this decline in price and value of Bitcoin on the market.
To begin with, we are all aware that every crypto bull market is definitely followed by a correction phase - this is where investors begin to sell during the peak of the bull in order to make profits from their investments. With this, the market will see a dip in price and value. After the correction phase, the market is suppose to seemingly stabilize while the withdrawal and the deposit appears almost balance. This is the phase where investors and crypto users need to work hard in order to attract new investors into the seen in order to spike up the market again.
This year was different. The market remained dormant for so long with the withdrawal surpassing the deposit. As this continued, there was an obvious sell offs arising from panic because most investors anticipated for a bull market during the last Q4 of the year (which appeared not happening).