Post
Topic
Board Bitcoin Discussion
Re: Are there people/organizations that control the price of bitcoin
by
BlackBoss_
on 11/05/2025, 09:06:32 UTC
that some group of people can actually determine the price of bitcoin by altering the demand and supply of the coin?
In all markets, there are market makers and they are in Bitcoin market. You can see Buy and Sell walls that are contributed mainly by whales and market makers. You can see it with Trading View (bought account, not free one) with VPVR (Volume Profile) indicator.

Determine exact price is difficult and this explains why whales and market makers use Buy and Sell walls for manipulate the market and create a price range. You see, it's a manipulative price range, not an exact price. The price range is manipulated but it will be moved up and down by market makers with their orders as well as with market liquidations.

When a market changes its trend, many gambling and leveraged positions will be liquidated and price will crash or soar very quickly. It's also time for whales to remove their order walls as booster for liquidation more quickly and severely. After the market calms down and liquidation already finished in either long squeeze or short squeeze or both, whales will set up their order walls and create manipulative price range again.