Less than 1% of people control 55% of the world's bitcoin.
This is the reason why bitcoin prices fluctuate wildly and are easily manipulated.
In fact, many people think that the bitcoin market is controlled by one or two market makers.
maybe controller in market was changed.today we see and heard that big finance firm come to cryptocurrency market.maybe they become controller in market now.
Yeah I agree with you, bitcoin price is controllable and everyone knows that big investors which we call whales control the crypto market. They manipulate the price and fix it according to their needs. This is wrong that nobody can control the market because it is global currency and also decentralized. I strongly believe that crypto market is controlled by big investors.