Can you explain why even the price has risen - I was just getting ready to buy cheap because of that recent auction of 50,000 BTC, but instead the price moved up.. 
I entered crypto not that long ago, but I noticed that things reflected in the news basically don't influence the price at all, it seems like some big whales are just manipulating the market to their needs and there is nothing you can predict here.. 
If you look at the trading graphs most of price drops happen suddenly like a stone (be it a small drop or big drop) and then trading returns to normal again, i mean its not gradual decline..
Well what can one expect? Those whales are the worst kind of people that live on the planet, greediness being their main and only attribute. They are fishing out the inexperienced "traders" (or should I say "want-to-be-traders"). For them, there is money to be made. Without a single huge investment, the price will continue to fluctuate. Someone has to take a huge chunk, for it to start stabilizing a little. I entered crypto not that long ago, but I noticed that things reflected in the news basically don't influence the price at all, it seems like some big whales are just manipulating the market to their needs and there is nothing you can predict here.. If you look at the trading graphs most of price drops happen suddenly like a stone (be it a small drop or big drop) and then trading returns to normal again, i mean its not gradual decline..I'm actually looking forward to the block halving, but we have a lot of time before that happens. Maybe an ETF will help the price.