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?
I agree. The whales can be seen as the one making the changes since they are the only ones who can buy large amount of bitcoins right before the halving next year. As time passes by, as bitcoin recovers its value, we should expect the value to go down more instead of going high. As a part of your preparation, you should take the opportunity to buy as many as you can before the halving because the value may become very high in the next few months and you wouldn't want to miss out on it.