Post
Topic
Board Bitcoin Discussion
Re: Are the Whales Control bitcoin price?
by
Fara Chan
on 16/12/2022, 08:58:31 UTC
Bitcoin is decentralized and no one can control it. When a large number of bitcoin holders in the market make some money flows, the price may be affected, but not controlled.
We also have to know that PAUS are not only personal but can be companies and associations, so they have the quality to influence the market, the financial strength they have can maximize investment until the market fluctuates.

The habit of manipulation occurs due to buying actions carried out by PAUS when market conditions are down, so that they enter a period of heavy buying, people think this is a long rally that can pump up the market at a certain stage, but this is their scenario in collecting maximum profits and releasing during pumping conditions occur. Mastering market manipulation is often called trying to play a strategy, so PAUS can take two parts in the process of correction and pumping.