Bitcoin had undergone a massive price manipulation last week. When will be the next Bitcoin price manipulation? Do you have any ideas?
Price correction shouldn't be counted as market manipulation. Bitcoin has been on an upwards trajectory for like the whole of 2021 and just some hours where the price goes down to provide us with some good opportunities to buy and fill our bank. Some crypto newbies usually panic and sell their cryptos at every dip but that is not how it's supposed to be. Dips are helpful to maintain a healthy bull run.
Probably this May is the reality of what has been expected, and I don't think manipulation exist here. But the most important thing to see here is the actual market trend that goes along the way. We should embrace every moment that's going to exist by the time price would spike so fast, then fall might go down quickly once there's a minor changes.
Price increase and decrease are all market mechanics. You cannot have constant price increase without some momentary price drops/dip so from time to time.