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RE: Bitcoin Cash: Why it was Pumped?

in #bitcoin7 years ago

While it is clear the price went excessively high, exuberant action - I dont think we can assume its a pump and dump. Have to see volume dumping or buying to decide whats next in this range

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Remember that often whales/bots trade with themselves to create the volume and drive the price in desired direction.

sure, there are tons of conventional tricks going on but there was a lot of a legitimateaccumulation and we haven't seen any real dumping... yet