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
I think this is possible that we had many sharks and whales manipulating the market as this is a decentralize currency and we can't control the amount of money in every wallet and those early investors had buy bag big amount of bitcoin at lower price. With every bad news those whales can ride with the situation and dumps huge amount of bitcoin to give panic to the investors. It's something that those who had money can manipulate in every situation.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