#BITCOIN - Dump Comparison

Everyone got shocked today because of the massive dump appeared on the market. Bitcoin dumped from $12000 to $10500 which is 15% decline. But not everyone remember that the same situation has already happened.

Let's remember May 2019, Bitcoin has been growing sharply but suddenly dumped from $8400 to $6600 which is 27% decline. But then the price has come back quickly and continue growing upwards, drawing new highs.

The same situation can happen now: this massive dump candle was made just in order to trigger stop losses and liquidations, to gain more fuel for an upward rally! Let's see how it goes.