Quote from: mk4 on Today at 05:26:21 AM

Quote from: Bitwave01 on July 01, 2024, 10:41:48 PM

This move confirms that the market makers were trying to shake people out prior to this pump.

Why do people think that dumps are always caused by a certain group of people with some agenda?

Can't dumps occur just because.. you know.. people dumped? And the fact that markets simply just don't go up in a straight line? People seem to always want someone to blame lmao.

History remains a vital aspect to having some speculation about futuristic events, it’s been proven severally and is used in actions fields to predict certain expectations based on observed signs. Although, dumps can occur just by itself, just by consumer or in this case investors behavior, most times this is as a result of some FUD or FOMO in cryptocurrency. Price might have appreciated to a point that, you don’t want to miss out on taking profit, especially when there is some FUD about Bitcoin. Which ever way the market turns out, there are those that is favored and might take the chance to either sell or buy.