Maybe they (chinese) are just preparing soil for good exit? Noone wants to sell everything at low price, so it makes sense to pump the price a bit, and then exit;)
If i had 100K of Bitcoins , i would do it just like that
one does not sell by buying
Isn't that called a pump and dump? Difficult to tell if you are optimistic or a bull troll.
It feels like bitcoin speculation has become a game of guess the news. Some one else pointed out on here the difference in price differential btw good news and bad has been heavily weighted towards the bad. This has been the case since the November bubble, I can't speak about before. Many of the huge initial drops coincided with news coming out of china, and they have never ceased. Whether this was manipulation based on news, who knows? Regardless, it has happened time and time again.
Until merchants opt to be paid in bitcoin at a much higher rate, we will continue to go down. The speculators are here to make money, and this cow will be milked until only the true believers remain.