I believe the crypto market, is heavily manipulated, I'm of the opinion that only a few very powerful people or government, now HODL the most Bitcoin, And are responsible for where the price goes and as a result the entire market is under choas. Is this even possible? I think it is, what's your own opinion?
I also believe that there are only a few people/groups who holds the most bitcoins and that they can somehow influence the direction of the market. But I do not think they are entirely responsible for the price going down, I would rather put the blame on panic sellers.