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Author Topic: Bitcoin pump or dump?  (Read 11485 times)

Offline Abubakar56

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Bitcoin pump or dump?
« on: May 28, 2021, 12:08:39 AM »
I think I have something that have being disturbing for the past few day's now. Few days ago bitcoin price dump which affected other altcoins must of altcoins are currently dip, few days ago bitcoin price pump a little bit and have been stable around $38k-$39k, my question is should we still be expecting more dump or pump because I believe bitcoin can go either way.

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Bitcoin pump or dump?
« on: May 28, 2021, 12:08:39 AM »

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Offline smrityirany

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Re: Bitcoin pump or dump?
« Reply #1 on: May 28, 2021, 05:00:59 PM »
Pumping and Dumping is the general course of action in the crypto currency market . Anything can be happened in the crypto currency market. Bitcoin is not out of this picture. Before few years Bitcoin price was very low but in the few month it was reached around $60000 and at this moment the price of bitcoin around $ 37000. If bitcoin pump the maximum coin of the crypto market pump and if the bitcoin price is dump the maximum coin dump. It is a common factor that price of other coin depend on the dumping and pumping of bitcoin.

Offline Mas Bro

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Re: Bitcoin pump or dump?
« Reply #2 on: May 28, 2021, 05:50:08 PM »
All of that is the law of the cryptocurrency market. After the price rises there will definitely be a fall in price and correction and the market turns red. I think the red market is a good time to buy a coin at a low price and hold it for some time and sell it after the market has bounced back, to make a profit.
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Offline Fenix

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Re: Bitcoin pump or dump?
« Reply #3 on: May 29, 2021, 05:28:51 AM »
So far, we cannot say for sure what price movements should be expected from bitcoin in the near future. It is still possible both its further decline and a relatively quick recovery. You need to watch the market for a while. However, the forecasts so far are more encouraging than alarming. Some, such as Justin Sun, believe that in July-August, bitcoin may again not only recover in its previous positions, but also continue to grow further in price. Others say that this may already happen in the fall, when traditionally this market grows in value during this period. In the meantime, let's hope that there will be no negative news affecting the fall in prices.

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Offline opaopa34

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Re: Bitcoin pump or dump?
« Reply #4 on: May 29, 2021, 01:32:58 PM »
Until now, I believe that this is only "accelerating" the market.  ;)
Bitcoin is just getting ready to rise. And we will see "ATH" again.
You cannot grow without stopping, it has always been and will be so.

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Re: Bitcoin pump or dump?
« Reply #5 on: May 29, 2021, 07:11:13 PM »
Everyone must have their own assessment and prediction about the price of Bitcoin and other coins too. But seeing the very aggressive price movements of Bitcoin in early 2021, I will choose to hold FIAT instead of Cryptocurrency coins including Bitcoin. I'm afraid the next big dump will happen soon.
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Offline robert20

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Re: Bitcoin pump or dump?
« Reply #6 on: May 29, 2021, 07:17:04 PM »
I cant say anything. In my opinion btc is now in a stable position and still showing no big bullish or bearish move. It can go in either direction. So i am waiting to see the next movement of the market before doing any big trade. This is not a good time to open trades as market can ahow very big movement in both direction.
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Re: Bitcoin pump or dump?
« Reply #6 on: May 29, 2021, 07:17:04 PM »


Offline shadowdio

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Re: Bitcoin pump or dump?
« Reply #7 on: May 30, 2021, 07:37:46 AM »
Well i don't know if bitcoin will go pump or dump this year you know how volatile bitcoin is, but I believe that in the long term the price of bitcoin will rise up again. For now maybe it's good time to buy and hold to gain profit in the future.

Offline opaopa34

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Re: Bitcoin pump or dump?
« Reply #8 on: May 30, 2021, 08:35:50 AM »
I don't have that much cue ball.
I don't sell it, I just accumulate it.
I will spend bitcoin, I will buy in addition. Only to accumulate - to increase the amount.
Now he is in the "side". And soon there will be growth again (my opinion).

Offline Review Master

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Re: Bitcoin pump or dump?
« Reply #9 on: May 30, 2021, 08:55:26 AM »
my question is should we still be expecting more dump or pump because I believe bitcoin can go either way.

The perfect answer is, it'll totally depend on the support &  resistance zone as anything could be done if it's break support or resistance zone. Last time bitcoin dumped from $39k zone because of heavy resistance of $40k-$42k zone and $37k support zone couldn't able to maintain, as a result, bitcoin dumped back to $35k zone. BTW, bitcoin will take bullish rally if it's able to break the heavy resistance of $42k zone. Lets see what happens next.  ;)
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Re: Bitcoin pump or dump?
« Reply #10 on: May 31, 2021, 12:10:58 AM »
With the current state of bitcoin it can be easily said that bitcoin price won't go below $30k, so I think this current price is a good entry because surely price will start retracing to the top, anticipate this period because it's the best time to buy surely prices will moon and people who bought this deep will surely make mad profit, so don't be afraid prices will moon.

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Re: Bitcoin pump or dump?
« Reply #11 on: May 31, 2021, 04:13:13 AM »
Market is volatile now. Price of each coin and token are changing very quickly. We have to wait more some week to get a stable market. At the time of this frequent change price, we cannot predict a fixed price. But BTC are changing within 32k to 38k. I think, we will see more pump and dump in the market. It is the time to buy when it is dumping and wait for the real pumping.

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Re: Bitcoin pump or dump?
« Reply #12 on: May 31, 2021, 09:01:20 AM »
I think I have something that have being disturbing for the past few day's now. Few days ago bitcoin price dump which affected other altcoins must of altcoins are currently dip, few days ago bitcoin price pump a little bit and have been stable around $38k-$39k, my question is should we still be expecting more dump or pump because I believe bitcoin can go either way.

The current crypto market is still dominated by Bitcoin price movements that are still good at above $35k, Bitcoin price could have dropped to a price of $28k but it is very difficult to see that happening, because some of the information I saw on this list https://www.statista.com/statistics/326707/bitcoin-price-index/ shows that Bitcoin price continues to slowly fall and rise, the $35k support level determines whether the Bitcoin price will go up or down at the end of this May, if Bitcoin still holds above $35k the possibility of the price going up to $40k can be reached if investors are willing to buy more Bitcoin for the long term

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Re: Bitcoin pump or dump?
« Reply #13 on: May 31, 2021, 09:11:03 AM »
The price of Bitcoin has dumped a lot more. I think this is the highest opportunity for every investor. Because at the moment the investors who will invest on Bitcoin can benefit a lot more. Because the popularity of Bitcoin is increasing in many ways. The price of Bitcoin has dropped due to some bad news. However, it is expected that the price of Bitcoin will soon be better than before. So this is the second chance to buy Bitcoin.

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Re: Bitcoin pump or dump?
« Reply #14 on: May 31, 2021, 01:27:08 PM »
The price is good for buying bitcoin.
But I'm expecting an even lower bitcoin price. I will buy a little, quite a bit.  ;)
Everything has been done for future growth and they give a little to buy there.

 

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