Understand who controls the market you are investing or trading in, and youll have an advantage. Bitcoin is a free and open source market. Nobody owns it.
But does anyone control it?
Ask yourself this
How are Bitcoins created?
Who is incentivised to create Bitcoin?
Between 2013 and the beginning of 2017, big money had been slowly moving in on Bitcoin. They saw its potential as a relatively rare asset and also the mechanism that made it work. Bitcoin is seen as having a value greater than the sum of its parts.
Actually the crypto market or btc is a decentralized coin which cannnot be controlled by anoyone but the prices can be easily manipulated by the whales to gain profits by creating pump and dump situation as there is no regulated body to act upon.It is coin held by many investors and prices will rise with increased demand and supply becoming low.So we can say it is free market and nobody owns it.