Quote from: jaberwock on August 17, 2021, 08:06:44 PM

Quote from: Golftech on August 17, 2021, 06:18:35 PM

We never know until it happened, Whales for sure wants to grab more profits, if there's an artificial movement

we can't deny that they are capable doing it. Sad for those fomos who lose their money when whales shake the

market. That huge fall that really shaken most of the traders, fear inside from newcomers and lazy investors who

sell their assets during that time.

I do believe that whales do not specifically want to make bitcoin higher, I think they want to make money but they are fine making it anyway they want. I mean there are people who short bitcoin as well and they could be whales so they could just buy 150x leverage before they dump a bunch of bitcoin and make more profit that way, which they can then buy cheaper and wait until it goes up.

One theory suggest that this is exactly what whales do, they wait for us to get as much as we can, then they crash by dumping but also profit from it with high leverages, then they buy it back from the lower levels and keep repeating that every time the price goes up. Long story short I believe we are in a bull run and I believe we will go up, but I also believe that it is not going to be because of what the whales want, I believe it will be like that because we want it.

Whales are opportunistic by nature so if they see an opportunity to make money they're going to take it regardless of the direction the market can take, some speculate that this was the reason the price of bitcoin went down so quickly, obviously we will never know if this theory is in fact correct however there are many small clues that point out to the fact that this could be true, which means that if the whales want to pump the price because it plays on their favor then the next time we see the price of bitcoin grow I really think we're going to see it easily surpassing its all time high.