well, i been thinking for a while about who actually controls the bitcoin price.
among the following below, which one do you think has the major influence regarding the bitcoin price?
i. bitcoin whales
ii. the banks
iii. wall street
iv. hedge funds
v. crypto exchanges
vi. crypto influencers
None of the above , Yeah in some sort they can affect the movement but controlling the whole market wasn't in their hands.
Because even how hard they wanted to control the prices but if we will be strong enough to Hold , for sure none of them will benefits.
The problem upon us is that if they shake the market stupid weak hands sells out and that is domino effect and when the price fall down thiose mentioned will Buy back so the price will Pump again.
same cycle over and over.