Unusual Btc dumping, what could be the reasons?

[Bobcrypto]

Over the years since Bitcoin got into existence, there had been many times when people in this industry wondered why the price was going down...and they could not thought of anything that directly influenced BTC on its price at that time. And that is why I realized that there are times when Bitcoin would just go down or up for no real reason at all...as if it is just floating on the water and just go where the current is carrying it. Right now, as I am posting this, the price is going up and can continue to expand as we are nearing the Jan 20 event. And I am wondering...are we still in the Bitcoin bull run?

There is no motion without some external forces, and that forces is the demand/supply principles, and other factors playing out on the market. In facts, market can not on its own move without any market forces, obviously, the last couple of days saw some kind of unusual market behavior that many has described as market manipulation, dumps, dips etc, but I had considered it a market sell off in some quarters just like certain information about the seized Bitcoin, probably coming from the US.

Now, as far as I am concerned, the bull market is still having the upper hand, from my search, there are indication that the bull is still waxing very strong, and there are increasing and  renewed interest on crypto; the Donald Trump regime coming up shortly, all these situations are part of the current Btc strength for a possible new All time High records.

[Faisal2202]

There is no motion without some external forces, and that forces is the demand/supply principles, and other factors playing out on the market. In facts, market can not on its own move without any market forces, obviously, the last couple of days saw some kind of unusual market behavior that many has described as market manipulation, dumps, dips etc, but I had considered it a market sell off in some quarters just like certain information about the seized Bitcoin, probably coming from the US.

Now, as far as I am concerned, the bull market is still having the upper hand, from my search, there are indication that the bull is still waxing very strong, and there are increasing and  renewed interest on crypto; the Donald Trump regime coming up shortly, all these situations are part of the current Btc strength for a possible new All time High records.

There are many rumors but this market pump also seems like a trap, if we are considering the previous days as manipulation there's a higher chance that this market pump is also a kind of manipulation as $3.37T to $3.69T there is something fishy.

Whatever I'm glad that it's green now and there are positive vibes around us in the coming few days.

[taufik123]

There are many rumors but this market pump also seems like a trap, if we are considering the previous days as manipulation there's a higher chance that this market pump is also a kind of manipulation as $3.37T to $3.69T there is something fishy.

Whatever I'm glad that it's green now and there are positive vibes around us in the coming few days.

You can be sure that all of these are manipulations, pum and dump manipulation that whales do to get more profits.
Now that the Trump inauguration is getting closer to the crypto market is improving, Bitcoin is rising to an even higher price after previously dropping to the price of $90k, there are many who are selling quite panickically when the price drops, but now that FOMO is happening because it is close to Trump in the inauguration, it will be time to be bullish again.

[Aanuoluwatofunmi]

Bitcoin is not dumping currently, instead we can say it it pumping, because of many conditions involved tot his period, we should even expect more of the bullrun subsequently as the time goes by, because from the way of its performance, it does not seem to be a season for the market to dump, if we look well on the present economic and political settings, there should be one or more conclusions we can arrived at by the way of bitcoin performances this month and even beyond.

[vegasus]

There are many rumors but this market pump also seems like a trap, if we are considering the previous days as manipulation there's a higher chance that this market pump is also a kind of manipulation as $3.37T to $3.69T there is something fishy.

Whatever I'm glad that it's green now and there are positive vibes around us in the coming few days.

It seems that now between FUD and also good news is fighting quite significantly. There are some things that really affect the market so that it dropped too much a few days ago. But finally now there has been a significant increase in the market again. Some good news also surrounds it, and one of the most prominent triggers is related to the approaching day of Trump's inauguration which is highly expected by crypto enthusiasts for the progress of crypto price and value development, as well as more crypto-friendly regulations. But we still have to continue to monitor its development because we don't want to miss it.

[Faisal2202]

It seems that now between FUD and also good news is fighting quite significantly. There are some things that really affect the market so that it dropped too much a few days ago. But finally now there has been a significant increase in the market again. Some good news also surrounds it, and one of the most prominent triggers is related to the approaching day of Trump's inauguration which is highly expected by crypto enthusiasts for the progress of crypto price and value development, as well as more crypto-friendly regulations. But we still have to continue to monitor its development because we don't want to miss it.

Many traders whether they are crypto, forex or stock trader they will be keeping any eye on the developments made by him that day because he will make such statements which will move market up or down and this way the sentiments of the market will change and I begin to think what if he said something bad about crypto we can expect a dump or he forget to talk about it.

But I also have the feeling that he is not going to leave the talk of crypto out and all other talks will be in his speech because that's just not digestable too so a drama maybe can occur to create choas in the market so bear could make profit therefore we must track the whales and bears.

[NotATether]

Many traders whether they are crypto, forex or stock trader they will be keeping any eye on the developments made by him that day because he will make such statements which will move market up or down and this way the sentiments of the market will change and I begin to think what if he said something bad about crypto we can expect a dump or he forget to talk about it.

Red candles are to be expected in trading. The real question is what do your order books look like at that point. If you have too many longs, you will be liquidated - especially if you used leverage - and even if you used your own funds then you might eventually cut your losses after some time too, which is why it's important to not get caught out in the "bear drought" or the "bull tsunami".

[bitterguy28]

there are many who are selling quite panickically when the price drops,

yes some people are impacted too much by the current price and they end up selling when they lose confidence in bitcoin i feel like at this point of time we should be way past the time where we get anxious and lose confidence with bitcoin only a few cycles will tell you what you need to know about bitcoin

but now that FOMO is happening because it is close to Trump in the inauguration, it will be time to be bullish again.

it is to happen in a few hours and i am excited to see what heights can bitcoin reach before and after the inauguration

[Azharul]

Looking at the current market situation s, one may wonder why Bitcoin price is going downtrends for a whole one week. This is because bitcoin hardly experience a continuous dumping for one week. As we might have observed, price manage to touched $102k early last week, unfortunately, until this week, the price keep going down. I am just curious about what could be responsible for this prolonged downtrends movements?
Again, though i don't rely on rumors, but there are some unconfirmed information that the US government is selling off ceased Bitcoin, about 69000 Btc. Any idea to confirm if this information is real?

We know that before one week, we can see that bitcoin price is slightly down in cryptocurrency market. In this situation many professional crypto users will think, many reasons will respond for this situation. But I can see that in your post, you could explain 69000 BTC selling US government. But we could not understand what do happened. But we also believe that gradually bitcoin price will return his real condition in cryptocurrency market. So if we want that investment in bitcoin for long term, I think that it will be very prefer decision for us.

[Faisal2202]

Red candles are to be expected in trading. The real question is what do your order books look like at that point. If you have too many longs, you will be liquidated - especially if you used leverage - and even if you used your own funds then you might eventually cut your losses after some time too, which is why it's important to not get caught out in the "bear drought" or the "bull tsunami".

I don't trade in futures or in margin, that's why I don't do panic trade and panic loss or profit book but yeah, trade is still risky and vulnerable to big lose. TBH don't know what is the meaning of these terms here I mean bear drought and bull tsunami, I might catch different meaning unless you don't mind to shed some light.

Speaking of future trading, I have realized that future trading is not for everyone, I made profit and lost lot of money in future trading and now have realized that future trading is just a way for exchanges to make some money of course the smarter ones won't lose money even in future trading.