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I am suspecting that Crypto Whales are manipulating Bitcoin price this early year because they want to get more Bitcoin before it will take off to the moon again.
These Crypto Whales had been around since Bitcoin rises like a skyrocket last year and this early days of the year seems they just want to drive Bitcoin to the ground because when the Crypto Market recovers they will earn Millions and Billions Crypto worth of assets in the next few months.
How you guys think about this roller-coaster ride of Crypto Market this early year?
Do really Crypto Whales are manipulating everything behind our back?
I'm not sure if it's exactly manipulated, but it's possible. I guess it's been clear South Korean governmental people were trying to influence the price and it actually worked. I guess major problem is people buy into anything here...
Yes the South Korea affects the price of Bitcoin somehow, because weakhands are buying these kind of news. I think these banning of Bitcoin news is just segway for the big whales to manipulate the price without being noticed by mediocre investors who already suspected them about the so-called "pump and dump". But in general big players in the crypto market can manipulate the price because they are capable of throwing huge amount of money in a single coin, just imagine if they sell all their supplies, what will happen to the price? (supply and demand).