Post
Topic
Board Bitcoin Discussion
Re: btc dump today and yesterday
by
Coin_trader
on 26/02/2021, 11:42:13 UTC

what  is behind the dump which is in progress last couple days ?
I know its volatility , but comparing to last couple months its quite bigger 
Cheers



Weak hands selling off is one of the main factor on the multiple dump since yesterday. Since coinbase news didn't fully stop the bears yesterday, Weak hands are now selling in able to exit with profit before there position got loss if the long bearish season occur. Most of this sellers are those swing trader that bought when coinbase news released.