People always say that they are are waiting for the price of Bitcoin go down before they go into the market for trading and at the same time nobody can predict the market.
Yes most of us do this but I don't think that means they are or can predict the market. It is just hopeful wishing that the market should go down so that investors can gain more from their investment.
Now is the market been manipulated? Or it all depends on the numbers of investors who invested.
Manipulation cannot be ruled out. We do understand that there are big players in the market that can move the market and I believe so it is for other financial markets only this time, the crypto market is not regulated like the stock market so these whales can pretty much do what they want since they have the funds.