Quote from: bitterguy28 on September 08, 2021, 07:47:22 AM

Quote from: a298b112 on September 08, 2021, 07:27:24 AM

As many of you know, yesterday BTC dropped to ~42,000 USD. And of course many other coins follow BTC.
Now the question is, is it a natural process or there are some people behind this drop?
Can we assume that there are forces who can 'manage' the market like yesterday?

if you have been in this forum for long time , you will find this as normal scenario everytime there is a Pump and this is what you called correction mate.

some of those who invest when the price is at 30k level had taken their profit by selling all their coins and wait for the dump and here it is happening.
then they will re enter and make the pump again.

and another scenario is that this is the correction for the long awaited bull run.

Correction is more appropriate word for this price dip. Wise investors also take this as buying opportunity.
While rest of community call it whale manipulation, price dip bla bla.
One established fact is that no equity, forex or crypto can go up only, market correction is deemed to happen when prices goes too high.