We are seeing more and more futures exchanges becoming popular, bitmex, okcoin, huge daily volume. I can be sure that whales are profiting from the futures trading market by manipulating bitcoin prices.
Its too hard to want a bull market, even now the price is low. Bitfinex doesnt buy Bitcoin again.
The current market situation is that the whole sea is full of whales. So there will be no bull market in 2020. Whales will continue to profit on futures.
Not sure about that considering there will be less and less bitcoin in the market. Next halving will have occurred in the next year and it will give a huge impact to the bitcoin just like what has already done by ethereum a few weeks ago. Just never try to lose any hope in the bitcoin and that could be the main reason.