I feel that sharks (Big traders) haven't collect enough Bitcoins. You can see that there were scandals when Bitcoin price rose. The scandals were exchanges hacked, China suppressed Crypto, etc whenever Bitcoin price up.
It's not a good news for Bitcoin and prevent price rise but it still rising, is this a signal that Bitcoin coming back ?
How do you think about it ?. I want to know your opinion
.
Thank you
Well in cryptocurrency it completly possible to manipulate market if you are rich enough to buy a lot of bitcoin to create a FOMO. Last years is the biggest fomo that ever happen. I do think it will be hard to do it right now and many people start to cashing out their money, maybe a few years there will be another fomo happening like a last year.It's not a good news for Bitcoin and prevent price rise but it still rising, is this a signal that Bitcoin coming back ?
How do you think about it ?. I want to know your opinion
. Thank you