The BTC market is uncontrollable Now

[Black ID]

I see the rise continues in Bitcoin. And indeed this Bitcoin looks so cool at a price that is now so high. I myself always monitor the price of Bitcoin, and I think the 2021 incident is quite amazing for Bitcoin.

[Irfan12@]

As far as I know and believe that no one can control the crypto market, not only the crypto market but also the bitcoin market cannot be controlled.All these crypto markets are regulated automatically. However, due to the rapid rise in the price of Bitcoin, it can be said that it is not possible to control the Bitcoin market.

[Hisbullah]

As long as funds keeps pouring in to btc market. i strongly believed that the market can never be controlled or determined by whales. there were days when whales move huge amount of money away from btc and the market dropped affecting  altcoins and even causing commotions. currently, the btc market is heading to 1 trillion marketcap. all these is happening within months. we are seeing a huge change in the financial sector and crypto might be a thing for the future.

I think whales cannot control bitcoin now, because we all know there are many whales now. Famous people, companies already bought huge amount of bitcoin.  I don't think bitcoin cannot be controlled now.

[pelana vreo]

As far as I have observed, if you see a list of these wallets https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html
now what you can imagine, a number of companies are buying Bitcoin at high prices and we have seen many lists of Bitcoin wallet addresses that have more than 100k Bitcoin and they take a lot of advantage from this situation, what I know is, the more people need Bitcoin, then the price will increase

[Jaya60]

The popularity of Bitcoin has spread all over the world and so has the price of Bitcoin. The reason is that many business people want to buy Bitcoin on their own, but the supply of Bitcoin has run out and it is not possible to supply. I think this is the reason why the price of Bitcoin is increasing so much day by day.

[Jaguar]

I think we should not forget the contribution of Elton Musk for the good things happening in Bitcoin today because if he did not openly announce to join and invest $1.5 Billion in Bitcoin, the Big Whales will still be the dominant market manipulator of today.

Elon start the party to invite the whales out there and join the celebration to pump Bitcoin to $52k. If the whales or well known business personality will do announce their involvement in Bitcoin. Most likely Bitcoin price will hit $100k in a couple of months.

[Duckenth]

Actually I am afraid to see this spectacular increase in the price of Bitcoin, my fear is when the Bitcoin price suddenly falls or experiences a correction that goes too deep and causes traders to lose. I believe the Bitcoin price is in control, they are the big whales who are strategizing to make big profits from the Bitcoin market.

[mlawson71]

Personally, I do not think the Bitcoin market has ever been controllable, at least not in a transparent way.

[Pheonyx]

It is now started that cryptocurrency is the big thing after bitcoin hit the $1 trillion. It would also not a surprise when the biggest dump will happen after the whale investors withdraw their assets.

[Trumpet]

Bitcoin is usually not controlled by anyone from outside. However, for a few days now, the price of bitcoin has been rising so much that it has beaten everyone's imagination. We probably never thought that bitcoin Its value can suddenly rise so much. Bitcoin proved once again that no one can control Bitcoin. I think the value of bitcoins may rise further in the future.

[eldial]

It is so unbelievable bitcoin in the market is uncontrollable because it depends on the exchange the amount of value of token which is not be the same prices day and day and it will not be controlled into the organizations who managed in the cryptocurrency.

[Mayajal]

The current rate at which bitcoin prices are rising is out of market control because the market is now growing massively with bitcoin income.  Thus, if the price of Bitcoin rises, it will have a huge impact on the market in a few days.  Bitcoin prices have risen sharply in 2021. Bitcoin prices have never risen before.

[de_prof]

As long as funds keeps pouring in to btc market. i strongly believed that the market can never be controlled or determined by whales. there were days when whales move huge amount of money away from btc and the market dropped affecting  altcoins and even causing commotions. currently, the btc market is heading to 1 trillion marketcap. all these is happening within months. we are seeing a huge change in the financial sector and crypto might be a thing for the future.

I have seen many opinions here.No one can control bitcoin and altcoin. Just demand and supply can control bitcoin and altcoin. Because we all know bitcoin has owned by everyone. Bitcoin is so popular now.

[Freemind]

The market is uncontrollable, only supply and demand can make it vary. It will continue to be so as long as people buy and sell. To control it you would need the entire supply, and fortunately that is impossible, is one of the advantages of decentralization, that is applicable to Bitcoin and altcoins of course.

[Rafiq]

As far as I know and believe that no one can control the crypto market, not only the crypto market but also the bitcoin market cannot be controlled.All these crypto markets are regulated automatically. However, due to the rapid rise in the price of Bitcoin, it can be said that it is not possible to control the Bitcoin market.

It is true that the cryptocurrency market cannot be controlled. Bitcoin is a cryptocurrency and its price is out of control; Their prices are determined automatically. But whales like Ellen Musk have a lot of time to influence the market; Which usually does not take place in the long run.