Quote from: BitMaxz on February 20, 2018, 10:29:47 PM

I should agree and its always been happening that includes panic selling.. I believe that there is a big group behind this after the burst drop now its getting pumping.
I don't see any news that could help to increase the price back.. What i see here is Exit pump..
If they handle a large amount of bitcoin when the price was drop at $6k then they are slowly buying just to support the price to increase and leave it to other traders to pump the price until they hit their goal before they sell,. While they are holding a large amount of bitcoin they can sell and get profit that can cause panic selling. So they can buy low price of bitcoin again after that..
Its always happening and i think they are a large group or a rich man that could invest a large amount of bitcoin and sell if the price is high enough..
But for me it is normal movement of the price its just like the same as what happen from the past years ago,,

I agree that the btc price growth from the last year or so isn't so abnormal for btc , but when you look at a few years back it has been insane . But what you see now is hedgefunds and bankers getting in and using some simple tricks in an unregulated market. When you have money in this space it is to easy to make money.