Is Bitcoin being dumped

[Munareal]

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?

[ZionRTZ]

Any coin that is being sold at a cheap price and at a significant volume is by crypto-definition being dumped.

The Bitcoin price is no longer increasing

The market seems to be recovering after the dumping a few days ago. I also hope that it breaks $6K level soon.

[Citysatoshi]

In my opinion, i think that bitcoin may be experiencing a dumping scenario because a low demand and higher supply as the case may be, could cause people dumping their coins due to price frustration.

[jimmydvd]

bitcoin I am sure it will increase in price again because bitcoin is a very long coin and has a strong and widely traded market so I'm sure this is just waiting for the right moment to release bitcoin to the moon

[gurunanakji777]

I don't see bitcoin being dumped I would say panic selling is happening right now because of hard dropping market. You well said nobody exactly knows when bitcoin will rise back. Still lots of hope from bitcoin we all have. I would say in the present market we need more buyers to push up bitcoin again. When demand of btc will increase market will pump up again.

[densuj]

​​Bloomberg Intelligence analyst Mike McGlone believes that the cryptocurrency market may continue its downward trend, and the price of bitcoin could fall to $ 1,500.

McGlone stressed that the Bitcoin Cash’ pump before the hardfork destabilized the market situation and was one of the reasons for the collapse last week.

He added that a negative signal was also the financial report of Nvidia, in which the company disclosed the volume of excess products and gave a weak forecast for sales in the fourth quarter.

Over the past day the average rate of Bitcoin sank by 3% and dropped below $ 5,500.

[Contagem]

Recently, more often I hear the opinion of traders that it is now better to switch from Bitcoin to USDT or other coins pegged to the dollar and wait for the moment when Bitcoin drops to $3000- $3500 and then buy it. But these steps provoke a greater decline in the market and an increase in panic. I prefer to keep the cryptocurrency and wait for the whales to make Bitcoin purchases at low prices from those who are now selling, after which the prices will go up again.

[Citysatoshi]

In my opinion, i think Bitcoin is being dump. with the recent price collapsed, i think there are few people ( whales) that could influence the price, because the price slumped was tool heavy, from $6450 to $5545 within 24hours, is so deep.

[TERMINO]

Even bitcoin touch down the dump value at $1500 still the end is not yet to come. If there is the end there will have the beginning from its end. Being optimistic is a positive approach to deal bearish time.

[casas]

I  think  bitcoin  Pump and Dump schemes comprise of two groups of people. The first group is players who play by artificially increasing the price of the Bitcoin by endorsing or promoting it.

[Stuart]

A low demand and a high supply at this point is leading to dumping of bitcoin. Somehow, this is caused by panicking, selling out of fear that everything will be lost. I have only been seeing this as price correction of bitcoin, and its almost completed, despite it has taken this long to complete.

[gribble]

I don't see that bitcoin is being thrown away. however, panic is happening now because the market has dropped dramatically. And you well say no one knows exactly when bitcoin will rise again. I think there are still many hopes of bitcoin that we all have. And I will say that on the market today we really need more buyers to push bitcoin again. When requesting bitcoin, it will increase the market and will pump again.

[Pweedy]

Its the bear market

[MOProgress]

I think that Bitcoin is not being dumped, the challenge is the bear market which is facing all the cryptocurrency world, but this will soon come to an end.

[fito]

The value of bitcoin has indeed decreased lately. I hope that this is not sustainable and the value of bitcoin will rise and strengthen even more. We just wait.