Bitcoin has been running below 6000USD since last week .It touched a 9 months low price of 5719 USD .
But yesterday night according to Indian standard time it pumped suddenly by 600 USD .The chart also showed there was also a trading of large volume of bitcoin .
So what do you think what's the reason .
There may be many reason but two major things happened yesterday was
1 .CME contract renewed .
2 .It may be a manipulation by whale .
According to me it is manipulation by whales .
Is it a bulltrap?
What do you think what's the reason for the pump?
Do let me know in the comment.
Thank you
@doctorhealth
nice topic my friend
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Thank you friend.
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Both are valid reason, or i would say Whales are manipilating futures market too
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I think whales trying to manipulate the bitcoin price and trapping on it... or might be facebook collaping with coinbase so that news can also rise the bitcoin price.. any reason can be true according to me but good to see that bitcoin price rise today..
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After seeing the large volume it seems to be like the manipulation by whale.
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pump and dump is the game played by whales
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Yes they are game changer now.
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whales must be behind it..
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Yes definitely.
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many things are going on,we should keep calm and study the market
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Yes
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Its Time to bitcoin grow
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It may be a bulltrap ,be safe
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when will bitcoin bullrun
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Maybe when something big good news comes like Facebook and coinbase coming under same roof.
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