Why was bitcoin dumping a few days ago?

[pieppiep]

when the price of bitcoin collapses then it should be a good opportunity to look for bitcoin as much as he can because the price is still cheap make the best use of it, because as is the case today the price of bitcoin can be very expensive. there is no harm in saving your assets to bitcoin because in my opinion this is the safest place to store and can provide a lot of profit when the selling value increases.

[Dreamer]

It's normal for Bitcoin or any other cryptocurrency to drop unless it is a stable coin. Crypto markets are volatile so sometimes we may see a bear market and sometimes we may see a bull market, all that depends on the demand of the traders which changes every day for different reasons.

[DAMKAR]

It's normal for Bitcoin or any other cryptocurrency to drop unless it is a stable coin. Crypto markets are volatile so sometimes we may see a bear market and sometimes we may see a bull market, all that depends on the demand of the traders which changes every day for different reasons.

I think It's the character of crypto currency, always volatile. Dumping of bitcoin is time to buy more for whales.
They bought at low then you can see, bitcoin price will rise up again.
That's normal , and always happened.

[Rinat8368834]

A few days ago, bitcoin was dumped because the big players took their profits, they are all people too and love money and sometimes take profits. That's all the explanation. Well, either they lured the bears in order to take them out later.

[mahadev]

We all live in the cryptocurrency market.  But a few days ago we saw that the price of Bitcoin has dropped a lot in the cryptocurrency market.  I do not know the reason for the dumping.  So if you know, please say below.  I hope you will say a little.

As many people said, bitcoin dumped because whales want to buy more.
We should buy back and learn the market.
Wait is good way to do when bitcoin is going down.
Don't be panic.

[alltalk]

It is normal, dude. When Bitcoin has reached its new ATH, it is very possible to drop again temporarily. It is the way how crypto market works, a crypto coin price isn't always increasing all the time, it must have a decrease. In my opinion, it is a correction phase for Bitcoin price, it will happen before its next jump. I assume this will last for several days or even weeks, then it probably increases again to pass $70k. 

[naitik01]

The value of bitcoin gets dumped for a few days when a country spreads misleading propaganda about bitcoin, such news is often seen from China, but despite this, bitcoin gets pumped again.

[P2P]

Bitcoin is a market place, it is common for prices to go up and down here. But then it becomes a great thing when its price goes down a lot. This happened a few days ago. The price of Bitcoin suddenly dropped a lot. The main reason for this is not known to me now

[Seerge]

Crypto markets always have prices that go up and down quickly, that's what I call high fluctuations. But actually we don't have to worry, moreover it is the main BTC coin. Even if the price had a huge dump, it would recover quickly. When the price drops, it is the right time to buy if we are traders or investors.

[aiviaa485]

The price of Bitcoin Dump is reasonable because gold trades every day there are always ups and downs and that's what gold owners say is normal in gold trading.
So I think the price of Bitcoin Pump and Dump is still reasonable depending on whether we are ready to trade like this because Bitcoin is very volatile.

[bayiajaib]

Crypto markets always have prices that go up and down quickly, that's what I call high fluctuations. But actually we don't have to worry, moreover it is the main BTC coin. Even if the price had a huge dump, it would recover quickly. When the price drops, it is the right time to buy if we are traders or investors.

Yes, crypto currency always go up and go down quickly.
Crypto currency is  volatile.
I think the reason why volatile, because no one can control the price of crypto currency, not like fiat money.
The government always protect the value of fiat money

[Review]

We all live in the cryptocurrency market.  But a few days ago we saw that the price of Bitcoin has dropped a lot in the cryptocurrency market.  I do not know the reason for the dumping.  So if you know, please say below.  I hope you will say a little.

There has lot of reason why bitcoin often get down . If you are active in crypto market , you will notice that every time all the fud come just to down the bitcoin price . Last month we have seen the China banned fud in crypto market  and before this the China banning fud. This all the news make a huge change in market and the retailer investor act so weird in this case . All the time whenever they heard any fud or bad news for bitcoin , they start to think this is the end of bitcoin. They sold whatever they have and at the end the price of bitcoin down .

[Bobcrypto]

We all live in the cryptocurrency market.  But a few days ago we saw that the price of Bitcoin has dropped a lot in the cryptocurrency market.  I do not know the reason for the dumping.  So if you know, please say below.  I hope you will say a little.

Bitcoin dump is no longer a strange situation, as you may know, there are big time whales and traders waiting for the slightest opportunity to control the market price. The whales has the capacity to pump bitcoin price and when they see that many people are rushing to buy for fear of missing out (FOMO), take advantage of a continuous rises to sale huge volume of bitcoin at once, and because they have made big gains, dump the market price.
Again, one of the reasons for bitcoin dump is negative speculations. The fear of the last China clamp down on bitcoin mining ban, has cause a big dump.

[Prime]

No Bitcoin is not dumping, it was only a short market correction for another test. And now, Bitcoin price is going rise up again that, make a positive sign to the crypto market codnition. I like how this market right now.
Now is November, it should be the best month for altcoins eason.But let's see. Bitcoin is also still struggling

[36B]

bitcoin price movements can collapse at any time because in my opinion bitcoin has a whale that has a very large number of bitcoins and can have an influence on bitcoin price movements, when the whale tries to make a profit withdrawal, the bitcoin price will collapse instantly.