Large scale institutions are doing all in their power to accumulate as much as possible at their lowest prices. But we will find out how things play out. People have been predicting bitcoin to hit $100K+ by the eoy and with 3.5 months left, we're nowhere close. Though I felt the same way, sometime like maybe its a pipe dream.. but a lot of people still believe this, and one thing that I think I saw for certain the other day.. That Walmart fake news for example.. The price within 10 minutes went from like 44k to like 47k .. I don't think that was small investors who drove price up that fast, I think that was institutional money buying the fake news..
Then let them talk now , but surely this is the moment for them to accumulate more if they are really tend to Invest and not just for profit .
dumping with 12% as of this very moment Bitcoin is really cheaper and discounted to buy.
Its just wrong timing that my stock funds is just a little now as i bought when the price drops to 54k recently not knowing that this will come now.
I may interested to Buy more with my altcoin funds if this dump continue to 30k.
Blaming whales for the drop because they want to accumulate, and then not doing the same thing would be crazy. Sure we do not have money to drop the price as much as we want to, but the reality is that we can't really make a profit if we do not follow their footsteps.
This way they may want to manipulate the market and they will mostly be right to do so, and they will achieve that but at the other hand we will be ready with our money to jump on their bandwagon and make profit with them. Obviously it is bad that the crypto world could be manipulated so easily by these people. However, if we start feeling sad about it and do nothing about it, then we will simply just miss out on profits.