The price and news seem never correlated. We were poured with all the positive technology news, yet cc price dropped. And sometime there is no news yet price doubles. Nobody knows what will happen in the near future. When are we getting a distributed exchange network that could facilitate all financial transactions, making them less expensive and more efficient? I'm starting to wonder if prices are manipulated? If whales dumped BTC, they must have done so to buy back at lower price, am I right? If thats the case they plan to sell at much higher price in order to make profit, bull will run, right?
We can't say the news have no influence over the prices,the news not yet hyped to the people so most of them not aware of positive news and only the negative news spreading much faster all around the places which makes immediate cause of price fall.And whales also has bigger part in the prices we can't deny that but they can only influence the market when the investors are responding to the price fluctuations.