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.
Manipulation is still a secret issue and until now this is not proven(but I believe there is happening)but whales a businessman also and want profit if we will go along with them then maybe atleast even small amount we can gain from them..many analysts and experts here are giving the year 2020 for the coming of the bull ,so you have a different idea On theirs