Bitcoin price is determined by the few whales who happened to hold since the early days. If they want they can pump BTC to 1M $ and if they want they can dump BTC to 100$.
Doesnt matter who you are, A BTC holder or a daily trader, whales control BTC price.
What I mean by whale? The person who have more than million Bitcoin.
Bitcoin technology is great but Market is compeletly different story.
The earlier you know the better and it cant be overemphasis. Another thing to know is how to benefit from the manipulation and to know the cycle toward the bullrun. We have come to make money here except you want to deceive yourself and crypto has produced more billionaires recently and could get more people into billions in the next run.