usually before the pump, the market always falls. and today I see the market experiencing a decline, especially for bitcoin and several other big altcoins. in recent days bitcoin may be able to hold above 9k, but in the end it still falls.
then I wonder if this is really the downfall before the pump?
considering that soon we will enter the end of Q4 2019, and in Q2 2020 bitcoin will be halving. so now is the last time the Whales buy cheap btc. that's why the market was deliberately manipulated to make the price of bitcoin go down. and after that they pump slowly to look like market growth.
so what do you think, is my thinking wrong?
Seriously, nothing is wrong with the crypto market because the market momentum in terms of demand and supply have proof market not strengthen. Mind you, if you can back the historical record of the market when we're approaching halving year the market usually experience a lot of manipulation.
Meanwhile, I will advice you not to expect much from the market this year Q4 and next year Q1.