It's part of manipulation but i think bitcoin will not hit hard to the floor i mean bitcoin will not reach 0 but it will dump a 50% price and will bounce back to 250% or more that's a good price movement of bitcoin as of now we could see some good and bad news of bitcoin but currently the state of bitcoin is purely speculative to those who don't believe
i do believe that there really is someone behind the value of this. but as pero your speculations, it is matching with my observations. I have seen bitcoin took the dip but not to the point of losing its value. afterwhich the value bounced back and have recovered more than the value it lost. very interesting to investors like me. the dip is a way to attract more investors, don't you think?