We often heard about market manipulation in crypto market. It can be true for small cap, or coin that issue by exchange or for the token where most of that token hold by team. But we also heard it about Bitcoin and etherum, when price fluctuate in large scale. I don't understand how these large cap coin can be manipulate, when these coin are well distributed and decentralized?
I don't doubt that it's actually real. With a lot of bitcoin whales this time who are holding significant amount of bitcoin, if they intend to manipulate the market, they can actually do that. But the effect won't be here too long. Eventually, if it dumped, it will recover again and even make a significant price increase if ever. Most particularly for altcoins as they are known to be pump and dump coins. Some couldn't even recover at all.
As we have observed thru the years, no one can really manipulate the btc market as the money involved is quite huge. This is why, even group of people can't influence the btc market for long-term. We are only left here to speculate and act according to what we have. Financial capability is usually the constraint for most as we have different resources of funds.