Today, I was sitting down and analysed the recent price pump of BTC (and other major cryptos). If you take a look at the time stamps it is intersting to see that the pump was happing in quite busy time frames of major financial (crypto) capitals - especially NY and Shanghai.
In my opinion, the crypto market is in the hand of a few whales and has been manipulated for months now and will continue to be manipulated in the month to come. I´m a long-term bull on crypto, but think that we will go lower in the next month to shake out more and more people and give large institutions a discount to enter the markets.
It would be very interesting to hear your opinion on that and if you see any correlation between the huge price rise and the displayed time stamps?
Thank you for participating and good luck trading!
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