Please am trying to understand how the systems work that's why I need more clarification from you. I watch this cryptocurrency prices going up and down the axis but often times I ask myself outside the fact that when people made withdrawal it affects the price going down and when people invest high capitals it increases the price automatically but is there some kind regulators like human agents or electronic technology who always do the regulatory price actions especially when trading bitcoin? Or is totally program that way? Only your views please.
Up to now, there are only speculations on whether there really is someone, an organization or whatever group of people behind the movement of crypto prices. While it has a possibility, we are yet to find any proof about this. On small cap coins though, there can be manipulation but on huge coins specially bitcoin it would be really difficult if the person or the group of people don't have a huge amount of capital to use in manipulating prices. Hence, we can only conclude for now that the holders and traders are the ones responsible for the price movements of the price of bitcoin.