If this pump does not ignite Bitcoin get welcome to a very cheap Bitcoin!
The agenda of the pump and dump entities is not known!
They could pull the rug from underneath our feet anytime and if you have bought into the FOMO watch out.
On the other hand Bitcoin might make a run but the only real demand at the moment is from the entities pumping it!
Another angle is because the general consensus is Bitcoin is screwed at the moment is a big whale might plunge the price with a sale at these prices and buy back in at a lower level. This move would wipe out the entity behind the massive pumps!
I don't believe that Bitcoin will go down as low as $3,000 because for me all big whales around the globe is not united in which they have their own strategies to earn. Some of them maybe will dump the price but some of them probably will pump it more therefore for me the new lowest baseline to start pumping will be $5,000 to $6,000 only.