Post
Topic
Board Speculation (Altcoins)
Re: Is the market currently being manipulated?
by
coin-investor
on 09/11/2019, 12:45:38 UTC
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?

There are many theories on this and yours is just one of this, and every coin has theories on what could be the reason why the coin is going down or going up, every coin has whales behind them and manipulators, but the best indication besides these whales and manipulators are the news and ongoing development of the coin or project, in the case of Bitcoin I consider this as some traders going for exit profit, but there's no doubt Bitcoin will go up because of the halving..