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.
I heard in middle of 2019 it will come, but once again, maybe no one can't predict how crypto will go because at past, people said crypto will up at the end of December. And we can see it is already half of January and nothing good come.