Quote from: Crypto_Zone on November 30, 2017, 08:23:28 AM

Quote from: Nowherman on November 30, 2017, 07:53:05 AM

Dump is an absolutely natural process. Bitcoin grew from $ 5,000 to $ 11,000 for the month.
Quite naturally, many want to take their profits, which leads to a certain reduction.
I think BTC will go up again in a couple of days. And most likely we'll see how bitcoin reaches 15,000 USD.

A huge dump is not an natural process. It is a control of big whales.

Got to agree here! There's a lot going on now with crypto, and the market is too limited and narrow to lend any semblance of organic movement. The "bull run" was highly unnatural - but it is perfectly logical to expect profit taking and mass sell offs after the 10k mark was hit. I think those who gambled on even higher, 10.5 or 11k, will be feeling very smug right now. These will probably wait for January 2018 to see the aftermath of the sell off. Anything at this levels below 10k, or possibly even lower, will be seen as smart entry points.

Bitcoin is proving to be extra resilient. Hard to say how much of this is due to manipulation, though. And I'm simply unwilling to speculate deeper.