I guess there are plenty of parties who want to dump their stash, which is why everytime we saw a solid support it was broken down...
We all agree the current price is not accurate, but a pump will be hard...
there is always a time for everything.
so if the pump happens right now there may be some dumps because some of the whales weren't ready for it.
but if it happens when everybody is ready and satisfied with their amount, it can go to the moon easily and stay there just like the rise from $400 to $600
You know the cycle ... pump, dump , correction.. So iif there is someone pumping then mostly a group is eyeing for a big dump, if this is true better get ready with your USD because if dump comes probably we can see a sub 500 USD Bitcoin but i doubt there is some pump here. Maybe just some hype due to the update.