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
Those top 10 guys are companies, not individuals. Their "manipulation" attempts are merely them converting to fiat for operating costs. It isn't a conspiracy.
Where do you get this idea from? Are you saying all top Bitcoin holders are miners?