I expect a further decline in the price of bitcoin before the end of this year, but I keep an additional possible manipulator scenario in mind. It consists in the fact that now bitcoin can move up, breaking through the global downtrend. As a result, many will believe that this is a long-awaited market reversal, they will begin to gain longs, and this, in fact, will turn out to be just a false breakdown.

Such a possible scenario would be beneficial for exchanges, manipulators and speculators, as there would be an additional opportunity for short-term earnings. Even if we take past observations, the market, before a powerful fall, likes to go up first, and then rush down. This happened very often.