Re: One more dump before halving?

Honestly speaking the bitcoin market is good as of now with slight improvement and not much dump except one particular dump before week or so which provided further pump, but are these manipulation just to for whales to cash out before the halving and then invest again at a cheaper value to get most profit of out it post halving? Are we going to witness major dump before halving?

Maybe this is possible because whales think it will make a big impact for the price of bitcoin to fall. This would create a fear for other bitcoin holders to sell their bitcoins as well. It is often the case that whales dominate the market and we should also follow them so that we are not stuck in the situations they create.

So no matter what happens we should always be prepared and let us keep pace with the waves that whales will make.

If there is a dump again, then I am sure it's because whale who wants the price of Bitcoin to fall then they buy when the price is cheap. But actually we can also make it as a moment to buy Bitcoin and sell after Halving Bitcoin later. The price correction will still occur before Halving Bitcoin and I think that is a natural thing.

There is a big difference between a price correction and a dump. We can see price corrections on the charts almost every day. Dump is a decrease in price by a minimum of 10%. I think the whales will try to make some shady game and trick the market, but if this happens at all, I don't expect to see price below $7000.

The current market all the investors are concentrate the Bitcoin, so it will not going to backward soon. But everyone know the Bitcoin volatility so current trend it will raise further days so no one think again it will back to 7k USD. Nowadays price correction is never affect the investors, but huge dump will happen peoples are afraid. I hope Bitcoin will grow continuously in future days.