Post
Topic
Board Speculation
Re: BTC - Pump or Dump
by
EdenHazard
on 04/07/2019, 11:10:06 UTC
As the volume of BTC is going down the price has decreased too. Do you think it just makes a step back before the pump to 15k+ or it will follow the trend to 5-6k?
I hope the sentiment market will be good because the decresed price only depend on the user itself either it's whales or trader. But I don't think the price of bitcoin can easily be used as pump and dump scheme. The whole of the price movement only depend on the fundamental factor (its price moved up drastically) I rarely saw the price of bitcoin up drastically without any good information. Fundamentally I don't see it, there are still many information who preached cryptocurrencies is a good thing in the future and some countries decided to accept and regulate cryptocurrencies.