I'm honestly starting to believe this space is manipulated.
I'm glad I have a friend here, lol.
I also believe that market is manipulated, crypto can go up and down anytime, even without any reason.
That's what whales do, they can create hype and FUD and they will do the opposite on what we believe, just look at the recent pump, it ended up with
a sudden pump, when it was pumping, people are already believing their dreams will com true but it did remain a dream until now.
This is probably because there are some whales with big stash playing the market (pump&dump).
The more people in Bitcoin the more Bitcoin will be in circulation instead of in the hands of whales.
The more spread out the less influence a whale can have.
The less influence whales have the more stable Bitcoin will become.
Metaphore: Currently it is like whales have 1000 trillion on their bank account to play around with. This causes volatility.