Quote from: ~Bitcoin~ on September 21, 2016, 07:05:45 AM

Quote from: above1000 on September 21, 2016, 06:08:12 AM

so crossing under 600 / could this next fall trigger the next rise,. ? / the pump must come,.

Could be but not quite guaranteed however there seems no any strong reason behind this dump today so may be whales are just trying to grab few at cheaper price.

Well, this is likely a work in progress.

The bears could also be testing and trying to see if anyone else will follow. They dump a bunch of coins, but are only willing to dump so many their own coins, and maybe plan to dump more of their own coins if others will follow, but if others do not follow then price may likely begin to trickle back up. On the other hand, there is no real resolution from the perspective of non-whales because we cannot know for sure how many coins they are continued prepared to dump or on the other hand if there is some whale on the other side who has a large stash that they are willing to place towards pumping under circumstances that they believe are favorable to themselves.