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?
In fact, when the market is in panic it is very easy to manipulate confused investors, but certainly it is not a few people. If such manipulation happens, then these are rather large companies or investment funds.