Re: Theory : China began using wash trading to hide large buyers entering the market
I'm not sure whether there might be manipulation going on but it looks like this time round the price has been pretty steady on the uptrend. For now I expect price to be moving further upwards and we should have a clearer indication perhaps in few weeks time. Just like in the past experience, whatever signs it may be showing, I would just remain cautious.
Russia seems to be buying in this run too, so I don't think that this is just pure manipulation at play. Different parts of the world seemed to be putting their money for fuel in this rocket ship. It will be very nice to see where this will lead us.
