If you've been around the cryptosphere, you've probably heard both camps on whether BTC is manipulated. Many say it's the "weak hands", others blame large institutions, while other's say it's all that MT GOX guy doing another dump? What do you think? Is it manipulated? Please include your reasoning on the matter.
Yes, we have a lot of manipulation in the crypto currency market. Pumping and dumping of prices, news background...BTC approaching to one of the most important levels of the whole chart. Moving into the uptrend channel while facing a key horizontal support at 6,800$. Afterwards comes a monthly and heavy downtrend resistance around 7,000$. Time to pay attention.
