Gemini is the reason
gemini low volume suggest the opposite, i bet my ass this is the same pumper that is taking advantages of good news to pump the price a little, and force the other to follow
so he can dump later at 280, and cash out his profit, repeat from 230 or lower
I think you guys are a bit stuck on "the manipulator" theory. While this was true in 2012, the market is simply too large to be manipulated by individuals these days. Even back in 2012, I remember Bitpay handing it to pirate for tens of thousands of dollars one night when his manipulative efforts were discovered. I believe it was that night "the manipulator" died.
The market bubbled from $2 up to $1,050 and then capitulated down at $180. It isn't hard to see the trend changes...
i was thinking, if everyone is holding, and only few people are playing the market, it could be easy for a rich bitcoin guy(one of those 100k guy in the top ten) to manipulate the market, no matter how large bitcoin is or will be