Post
Topic
Board Speculation
Re: Bizarre crash! What cause bitcoin crash??
by
pooya87
on 26/11/2019, 04:43:16 UTC
after price reached $10k exactly a month ago and couldn't break it completely and continue the rise, the trend was reversed. but as price came down back to $8k levels to consolidate and reverse back up, a panic sell started with a big dump on 22th which is probably manipulation that caused the big crash you are talking about that day.
then after 3 days of down trend and panic sells price reached a bottom where there were no more sells left so it reversed and now it is coming back up for about 2 days now.