After the Bitcoin price almost hit the All Time High record of $ 20K last week but no. The price went down back to $ 16K rapidly and up straight again to $ 18K in few days after the dump.
The crypto ecosystem is designed to be trackable and traceable, means for any movement of the funds will be alerted if the significant changes hit the criteria detected. Once detected , it caused awareness together with the panics to the market but panics are more powerful.
Back to days before the climbing in price to hit the ATH record, there was a report about the huge BTC movement into the exchanges. People in the market considered it was by Whales and soon the hard sell would be happened as per their predictions and interpreting of this movement But what if the hard sell is not the intention of this movement , but just creating panics to the market ? What if this movement was just a normal transfer but the hard dump of price came from the traders themselves regarding to the panics?
After the price had a hard dump but no more significant further downward, there leads the confident to traders to increase buying volume ,also the Whales could be able to buy more at the cheaper price, then represents the positive result in price.
So, it is better to understand the market , having a good situation awareness and control the panics would be a great thing to do. The change is sometimes only intended to creating the panic traps.
