so are people dumping bitcoin now to go with etheruem again, or just some investor re-investing in investor after they caused the last panic dump? i can not think of any other reason why the price is recovering right now, i kow brexit has nothing to do with bitcoin crashing...
Simple: Make longs on exchanges waterfall on liquidations> fill your own bags, not only with bitcoins while at it... It will also fuel any future pump due to people fearing being left out after panic selling. All these "dumps" mean someone is "buying" at the same time.