I have been following the crypto scene for the past year and sometimes even though some companies do well their token price drastically goes down and this is the same with btc too. People like john mcafee and roger ver are always talking about how we should get ready for the bullish market but yet the price keeps on decreasing and so i'm asking how and who controls the price. If there is anyone who might be running it?
Our market is under control and constrained by many factors. I think the crypto market has changed a lot in terms of price. Founders of Bitcoin or the founders of Altcoins hold a small amount of capital. The traders and investors they hold the amount of coin. The whales they speculate and hold and when they play the pump and dump game will trigger a price slide on the market and cause prices to fall or rise. On the other hand, good or bad news from organizations and governments has contributed to the rise in Bitcoin prices as well as to the downside.