Post
Topic
Board Speculation
Re: sunday dumping
by
Herbert2020
on 12/03/2018, 06:15:20 UTC
everyweek,,sunday bitcoin price is dumping,

do you know why??

Actually today the prices seem to be going up. I think the dumping of coins on the weekends is just a coincidence unless there is some coordination between whales to dump and then buy back later.

After the series of bad news events last week, it’s nice to see prices rebounding a little bit, even if it is temporary. If there is no more bad news coming, then maybe we will see the recovery continue going forward.
Only Fuds makes the price goes down, whenever there was news appears, people make it a way to think that BTC will not recover then sells their btc. If only people will trust that BTC is capable of growing despite that news.

NO! FUD does not make the price go down.
price goes down for a million  different reason, the simplest reason is correction for example. what FUD does is that it makes the already ongoing drop bigger. if you check each of the drops and their FUDs you can see that there is always a good reason for the drop and there is always a logical bottom for it but then the FUD comes and the drop becomes bigger and the bottom becomes illogical which is why it never lasts.