**Will Bitcoin bounce back or dumped?**
Bitcoin the Mother cryptocurrency has touched to 5800$ on last Sunday which is low of 2018. Bitcoin price around 70% dip as compared to December'17 when it touched its all time high @ 20000$.
Now the question is - will it sky rocket in bullish form or it will dumped more. Does bitcoin turned into a pump and dumped coin? For the last few months bitcoin price is maintaining between 6800-8000$, it touched 10000$ only for a while where it crashes several times after a small bullish behavior.
The major causes of the dumping:-
- Mount Gox sold large number of BTC & BCH several times on international exchanges between this time period.
- last year pumping to 20k$ bitcoin maintained its correction.
- Whales are always ready to take advantages of the situation created fud to purchase in lower amounts.
- FUD created and misguided regarding regulations of cryptocurrencies.
- Manipulation by whales turned BTC lookalike into a pump & dump coin. Its time to get bullish no more dumping.
Bitcoin is ready to move into a strong bullish behavior, while writing this bitcoin is standing on 6173$, 6% higher than last Sunday. i hope whales, institutional authorities and crypto lovers are now ready to move bitcoin up to 10000$ very soon.
if you are connected with cryptocurrencies then i will suggest you to hold your coins and have patience, nothing can stop Bitcoin to cross its ATH this year.
nicee article...
thanks bro. hope bitcoin will soon on the moon.
Very good analysis bro keep it up .......
it'll bounce soon
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ohh you are containing good points bro really excellent work
thank you bro, i will try my best to acknowledge people
I think bitcoin recover very soo, what is your thoughts?
yes bro you think right btc will up very soon as it is in a very good dip now.
Do you think btc can reach ATH this year?
If you are in this field, you must have patience!
Nice information. ..
Keep sharing. ..
Way to take profit from crypto
What do you think will bitcoin again reaches their previous price?