Is Bitcoin being dumped

[Etes]

panic is always present with all the vibrations. I sometimes think that they are doing it specifically for some of their own interests .. you should not panic, it is better to analyze and observe ..

[Annalise]

I heard some time ago that Bitcoin is being dumped by some powerful group of whales.... whatever that means.
But the recent tank in price of bitcoin is beginning to put credence to that story.

[Sabarhati]

I am sure that bitcoin will soon recover prices, and many are thrown away like garbage, causing the price to drop to a low volume

[princessgirl]

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).

[gribble]

I don't see that bitcoin is being discarded. Because panic is happening right now. because the market has dropped dramatically, and nobody knows exactly when bitcoin will rise again. so many people panicked and threw away their coins

[dragononcrypto]

While arguably it is being dumped, potentially by earlier investors from 2017 or 2016, this is overall healthy for the distribution of Bitcoins. As now, large amounts of BTC appear to be sold over OTC to large investors, those who are wanting to invest long-term, rather than short-term speculation.

This will be more sustainable for the price in the future, but it looks like there are still investors to cash in still, let's hope new investors can keep up with demand!

[svsanya]

I believe that the market is behind Bitcoin. The cryptocurrency market shows that people are ready to deal with Bitcoin.  Everyone has their own reasons for this. But the most important thing behind Bitcoin is the blockchain.  It is the blockchain technology that provides cryptocurrency market functioning.

[arisdoankk]

for lately it's true that bitcoin prices continue to decline, but I believe in the future will be normal and stable again because bitcoin is a crypto icon