N/B:. We’re all here to learn and as such everyone is free to bring in their knowledge as I would be in the thread to learn because I’m really curious to know these.
Thanks
Given how volatile Bitcoin price when it comes to news I think it’s highly possible to manipulate the price by a group of people with influence globally.
CZ, Trump, Saylor and many more are good candidate for this price manipulation because their words was valued by the majority of crypto holder that trading with the news.
Even a worthless meme coin of Trump and his first lady manage to amassed a huge funding just because they promote. That’s how shallow people in crypto nowadays when it comes to trading.
It is something thats already happening for a long time in the market, so it is not a word of something possible based on how I have seen a lot of KOLs that manipulate the price of the market using their influencer power.
An example is Elon, whose tweet will pump the price of the memecoin he tweeted. Another one is Trump using the tariff battle to manipulate the market, and a lot of investors who are close to him made billions off the market, according to a YouTube video I watched weeks ago.
Having said that, another thing we should be scared of in terms of market manipulation/price control is BlackRock and others thats are in the crypto market, which are already known for making a profit out of the stock market, and can do anything to achieve the needed profit.