I have been trolling this idea in this subforum. "The rally is driven by Bitfinex's users who are buying Bitcoin up to quickly withdraw their money".
What's the probability that that can be true?
And THAT may have been the very recipe Composite Groups (Whales) were looking for to implement their next bullish move; knowing they would have to contend with less resistance. In fact, they would receive additional assistance without having to spend as much capital.