I'm just fade up. Unable to understand the crypto market. There is a talk about market crash will be happened soon but so many months have past but no result. Even people are now believing that, crash won't be happened at all.
Kindly share your opinion with logic. What do you think?
Is this bull trap? We are going to experience the crash soon?
Or crash is already end (btc from $60k to $30k) and this is the began of the new ATH, sunrise of crypto market from Now
Crypto price fluctuations are nothing new, pumps and dumps are a part of the life of crypto traders. We didn't even have time to control this situation, so we suffered a sudden loss. However, we must be able to survive with dump market conditions. This is only testing the panic of crypto traders.
I agree that dumps are just part of the market however dumps can mean different things depending on the coin, in the case of bitcoin and other powerful coins a dump is just a discount, basically the whales manipulated the market and the price went down but this is an opportunity to buy coins for cheap, however when it comes to new coins a dump most of the time means the end of that coin as the majority of the coins never recover after a dump as people lose hope in the coin and sell their coins and never return to the market.