Last few days in my mind why coin price dump?I donot understand how we know this coin price pump or dump.So looking to senior trader give me some information and share site (if have).thanks
Coins prices do dump because the demand has reduced and supplies are very high and this happen often because of the speculations, news, panic and new developments around bitcoin. If you know how order book work, you have a great trading secret in your hands. For example bitcoin prices is currently going up because of the demands for bitcoin and many holders are not ready to sell there coin and this limit the the steady flow of bitcoin that will create scarcity in bitcoin supply and this keep the price going up.