Big dump incoming
There is no reason for dump. Market have prepared for next bullrun a long time. And seems bullrun just have been starting. Volume increased almost in twice for last 24h (from 30 mln to 50 mln per 24h). This is a good sign too.
I agree where is this dump going to happen and what would be the cause, people are welcoming the ongoing bull run although very slow, but I'm ok with it, it's like one step backward and two-step forward, it's a steady growth that we should be happy that it is now finally happening.
They just say it without having any fact, they dont even why the support the motion that bitcoin will dump hard, based on what like you said. We are not in bull run that we will say people will start to panic sell, neither have we reached any interesting point that will make people sell off their investment for the profit.
One thing I have noticed about some of us in this forum is that we just follow one trend once we see that it is the direction that everyone is going without really making our own proper research to know if the trend is the actual one or not. We have to learn to always base out judgment on accurate analysis.