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Author Topic: WHY THE SUDDEN DUMP WITHOUT ANY MAJOR NEWS?  (Read 305 times)
kenzawak
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February 25, 2019, 08:33:03 AM
 #21

We lost 15 Billions in 30 minutes so it's not news that did this. It's probably a few big wallets who decided to short.
Some say it's due to bots used by exchanges to do wash trading.

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February 25, 2019, 09:33:09 AM
 #22

It's because it happens less than one hour. Actually, after that there are a lot of news that happend. It's just so quick that a normal/average holder would not realize that coming.

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February 25, 2019, 09:48:21 AM
 #23

Some big players are manipulating the market for their own benefits, that's why some time we see the sudden price drop without any reason. Because of this, cryptocurrency is considered very risky investment.

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February 25, 2019, 10:23:10 AM
 #24

Over the past few days, there  was a  significant rise in most of the assets on the crypto market including  the altcoins. For instance the value of Ethereum  also rose alongside bitcoin. It has become rather strange to me that there has been a sudden fall also, I don't know if some major traders or whales are playing mind games with amateur traders. Most bullish and bearish runs comes with a major news but this case was different.
It looks like the market will not move above $4000 anytime soon, we had a good recovery but everything came down after touching around $4200, the sudden gains surprised me and hence this fall is not a big surprise either, even in the last rallies we had these situation where the price test two resistance valuation and then we will see a correction, may be the future market has something to do with the current fall, either way last weeks recovery was promising and we will see a good recovery later this year.

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February 25, 2019, 11:57:06 AM
 #25

Over the past few days, there  was a  significant rise in most of the assets on the crypto market including  the altcoins. For instance the value of Ethereum  also rose alongside bitcoin. It has become rather strange to me that there has been a sudden fall also, I don't know if some major traders or whales are playing mind games with amateur traders. Most bullish and bearish runs comes with a major news but this case was different.

We dont need a news for us to see when the market will react, anytime of the day the price are moving because of different people with different actions in the market, whales and huge time traders are always on the go when it comes to the movement of their coins in the market so we should expect that anytime the market will move.

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February 25, 2019, 12:50:44 PM
 #26

It's because it happens less than one hour. Actually, after that there are a lot of news that happend. It's just so quick that a normal/average holder would not realize that coming.

I think thats not what the op mean  . he means that there are no news to warn people that the value will dump . he simply complains because he didnt get notified .  i believe there were no news that come out because they intended it to happen  . what happen is actually a bull trap  . now i can see that the price is starting to increase again  . this can be a sign of another incoming  bull trap , so please be aware with that guys  . dont fall for them  

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February 25, 2019, 01:26:31 PM
 #27

Over the past few days, there  was a  significant rise in most of the assets on the crypto market including  the altcoins. For instance the value of Ethereum  also rose alongside bitcoin. It has become rather strange to me that there has been a sudden fall also, I don't know if some major traders or whales are playing mind games with amateur traders. Most bullish and bearish runs comes with a major news but this case was different.
There is no need for major news to tell you that it is just a bull trap and everyone thinks that it is the start of a bull run but turns out that they just been played by the whales. It is considered already a bull trap if you see a sudden pump without some major news and there is no need to be in shock since this has happened before.



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February 25, 2019, 01:40:48 PM
 #28

Sudden dump? isn't it expected after a rise there's a fall? You've been trap you let yourself go with the flow and believe like others did that they think it's the start of bull run. There's no need for major news to have such dump. It's their selling point and they have done while you guys are still assuming of bull run.

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February 25, 2019, 04:37:09 PM
 #29

I think it's an obvious thing. As you can see there was no big event for which the price of crypto increases so much in 2017 & dumped in 2018 & continues. When the price rises everyone was happy & no one wondered why the price is going so up. But when the price started falling down everyone got panic & started dumping & resulted in a disastrous market situation. 

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February 25, 2019, 04:40:46 PM
 #30

We lost 15 Billions in 30 minutes so it's not news that did this. It's probably a few big wallets who decided to short.
Some say it's due to bots used by exchanges to do wash trading.
Well, that's the news provided by the common people who are into the cryptocurrency network. Beyond this from experts perspective this is not a big defeat, because even though the market fell 15 Billions in just thirty minutes time what it achieved is big. They've reached a ten month high in the market capital.



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clover12
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February 25, 2019, 04:49:56 PM
 #31

In the market we have a straight down trend. There is no reason to think that resent rising should continue. It was just a liquidity accumulation.

This person is actually looking at the chart.  TYVM Grin
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February 25, 2019, 05:02:17 PM
 #32

There is only one problem within it.

You are all thinking it is already a bullish run.
Yes, it could be felt with Ethereum but not with bitcoin.
Since Ethereum gained 2 digits in price, mostly traders will have to dump just so to get some profit out of the big loss that happened just months ago.  Grin

Do not assume there is always a bull run even if it takes a $100 difference. You are just hurting yourself.

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February 25, 2019, 05:09:28 PM
 #33


In every action there is an equal reaction. so if there is a sudden rise, there could be a sudden dump. Although we know there is manipulation here there are however people who really want to take profit and accumulate more coins and those who acted like they panic are the ones going to make better profit as they just knew when to buy back.


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Fredomago
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February 25, 2019, 05:18:03 PM
 #34

I think it's an obvious thing. As you can see there was no big event for which the price of crypto increases so much in 2017 & dumped in 2018 & continues. When the price rises everyone was happy & no one wondered why the price is going so up. But when the price started falling down everyone got panic & started dumping & resulted in a disastrous market situation. 
With that time interval its obvious that gainers doing the short trades really make some huge profits, we have to consider people who also
have a good skills trading in a short term basis, they already hit the target and sell everything to make a cash out from a week of working with
the market.

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February 25, 2019, 07:20:02 PM
 #35

We can also ask why the sudden increase without any major news as well ? What happened that made the bitcoin price starting from 3400 went into 4200 or so? There was no news worthy of an increase at all.

In fact there was only one big news that was shared on mainstream media about "crypto" which was blockchain news of how JP Morgan was thinking about using blockchain to make their transactions cheaper and faster, which has absolutely nothing to do with bitcoin at all. That is why asking why bitcoin went down so quickly without any major news that would affect the price is quite wrong because price doesn't move because of major news alone, it moves because of all kinds of things, this is a financial market, that is what financial markets do, they move constantly.

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February 25, 2019, 07:25:05 PM
 #36

I haven't heard of any news heralding what to come in the cryotospace, no news can exist as nobody is sure of what's going to happen
Most of the hearsays are just speculations which luckily most times turn out to be true
Investors are well aware of the risk involved in investing in the network, uncertainty is a dominant feature and it makes it more difficult.
You could gain at one second and lose at another

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February 25, 2019, 07:59:41 PM
 #37

It has do with supply and demand I don't think the price pullback or retracement has any thing to do with the any fundamentals some professional traders will sees the recent bullish runs as a bull trap having called for cautions as a trader, I also believed the price had not really kick started the expected bullish runs probably the resistance at $4K+ is very strong.

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February 25, 2019, 08:14:28 PM
 #38

Over the past few days, there  was a  significant rise in most of the assets on the crypto market including  the altcoins. For instance the value of Ethereum  also rose alongside bitcoin. It has become rather strange to me that there has been a sudden fall also, I don't know if some major traders or whales are playing mind games with amateur traders. Most bullish and bearish runs comes with a major news but this case was different.

That's why don't expect early just because there is a sudden change on bitcoin price recently.

Look at you guys, now full of questions to the fact that honestly there is no such thing as big deal on the recent "rise". Let the price goes through and give it a quiet some time before speculating what will happen next. It will just give you an expectations and to the point that people will look on "specific" reason whenever goes up or it goes down.

News might be one of the factor but don't stick on the thinking that it can be considered as major one.

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February 25, 2019, 09:05:46 PM
 #39

Welcome to the new era of crypto trading. Gone are the days when news would lead to a pump and a sudden dumping of the market. What we are seeing these days are just movements. What you need to know is to have perfect timing on when to sell or buy or just hold to avoid all the TA stress.

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February 25, 2019, 09:08:06 PM
 #40

Over the past few days, there  was a  significant rise in most of the assets on the crypto market including  the altcoins. For instance the value of Ethereum  also rose alongside bitcoin. It has become rather strange to me that there has been a sudden fall also, I don't know if some major traders or whales are playing mind games with amateur traders. Most bullish and bearish runs comes with a major news but this case was different.
I was surprised yesterday when I opened my wallet and see big dump and from there I have to check some of the news sites but couldn't find any reason why bitcoin and cryptocurrencies fall in that ways.  But I think the reason is the normal way the market has been behaving.  The investors that buy bitcoin around $3700 or $3200 has to take profits from the current Gains in the price of bitcoin
and others cryptocurrencies.  

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