What made bitcoin dump ?

[bitman007]

Hello Friends, as we can see crypto makret is getting red and top 20 coins are totally getting down, and everyone is surprsing why this is happnening , why bitcoin and othre alt falling quickly , after reading many articles i found this sell-off may stem from a suspicious trade that occurred a number of hours ago.  The suspicious $120 million BitMEX buy wall that appeared on Wednesday morning was likely a way for a large seller to “sustain the price while unloading.”. Obviously someone trying to unload some corn. Don't get caught with your pants down.

Some analysist still saying  Bitcoin is most likely to test $9,750 — the 0.618 Fibonacci Retracement of this whole cycle — in the following month in a bout of sideways price action, then “continue steadily upwards” to around $20,000 by year’s end.

What is your opinion or study says about current crypto market situation ?

I am just making and saving crytpo for future

Thanks : Good luck : Learn more to earn more 

 

[Danifilth]

There’s some kind of conspiracy theory, as if torn from a James Bond movie, I think it's easier - it's a simple correction and you should not worry!

[evgentor]

Interesting information to see. Great job!

[barbaris]

Reducing the price of bitcoin and, accordingly, other altcoins is definitely the work of large financial whales who manipulate this for their own purposes.