Post
Topic
Board Bitcoin Discussion
Re: btc dump today and yesterday
by
FlamingFingers
on 27/02/2021, 06:45:54 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


The harder the correction, the bigger the pump, correction is normal but we need to be wary of it, bitcoin price rose up more than expected and a huge correction was expected, if you are a holder you should not be more worried about btc dump because they are less meaningful, because the market will definitely bounce back a day trader will mostly feel the impact of the dump. Most of day traders are either been get stopped by stop-loss or get liquidated when such huge correction takes place