My point is:
It is way (probably multiple times?) easier for the exchanges to create fake BTC liquidity. Because of this their price pressure/manipulation capability is magnitudes higher on pushing BTC price down than on push it up.
Thanks for reading this far, what do you think?
PS:
"You" stands here as a placeholder for the average user, not "us".
My only question is, how they create any fake Crypto and FIAT Balance, even we know that we don't know the exchange system of their way to create users wallet but i think that was very impossible way to just create and give any amount of balance. Let say they just create fake balance just to make some users happy with their balance, and then some people trying to figured it out by withdrawing it. How to keep users to trust them.
Even FIAT itself in this case it is still in the Blockchain's scope, so its impossible just to create wallet and filled it with any amount of balance we want.