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 support your point. I believe that bull run is not so often repeated event that it came so quickly. I think by the end of 2020 we will see an even greater drop in prices, which will reach the bottom. Once this happens, you can expect a lot of growth, but not before.
does the price increase depend on whales? I don't think so, there are more than 10 million existing users with varied capital and that amount certainly affects the price in the market, whales are not the only one market influence, so don't be too dependent on whales, after all there is halving in that year right? of course it will make demand rise again