Price discovery is impossible with the whales controlling 90% of all bitcoins minted.
And it's ridiculous to seriously make this assertion without providing some hard evidence that prove so.
The original intent of bitcoin as a neutral asset disappeared long ago.
The original intent of bitcoin was to be used as a peer-to-peer electronic cash system, with no intermediaries, no suspended accounts, no chargebacks, no bailouts, no weeks of transaction confirmation, no monetary monopolies. And, adoption-wise, it's working better than ever.
Those at the top are trying to get more users in to keep it's price (and their investment) stabilized.
There are no tops and bottoms. There are those who own more and those who own less, both of which obviously want financial gains.