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How to buy Bitcoin Cashs in india The reasoning for this is because of group psychology, being that when people see a pump in the price of Bitcoin they see it as a movement away from what is normal or the correct price, and as a result, they anticipate that there will be a move back to the normal price, away from the opportunistically higher price than it is at at the top of the pump. It then becomes a race between all spectators to get in as quickly as possible in order to sell at the most opportune moment possible before a large scale selloff occurs and the price in the returns to its pre-pump price. With the use of this strategy then, traders can look for pumps and dumps and then assess whether they believe that the price will return to the mean price, either going long on dumps at the bottom, or going to short on pumps at the top, and collecting rapid profits from doing so. 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