I often tell people who do not believe me that we might not experience sharp pump in BTC prices again because the system is functioning perfectly well now the way it should run.
A lot of investor too are beginning to go into cryptocurrency investment as a long term investment and already understood how the system works, so it will be a bit difficult now for whales to panic people into selling, We are already at war with the whales, we will all wait till we see the gradual increase in price of BTC.
This is why I believe we are close to the bottom, many of those that could panic sell their coins are already out of the market, the only ones that remain are whales, traders, and long term investors, almost all the weak hands are out of the market so there is no more room for the price to go that much lower because if some whales tried to crash the price it is possible that another group of whales will just buy their coins and the price will not go down at all and remain stable.