Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: tonymillions84 on February 18, 2021, 12:17:41 AM
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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.
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Bitcoin is the choice of many people or companies who want long-term profits, Mastercard, Visa, Tesla and many other companies put their finances into Bitcoin and this is what happens, the Bitcoin market continues to increase until it reaches a certain limit because the limited supply of Bitcoin will result in an increase. high prices in the future
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As far as of my understanding, whales are whales, Whale is whale. One whale couldn't change the market due to lack of power to do so. However, if we talk about whales I wonder if they cannot change the movement. Alone is weaker, whales together are dominant and will eat everything as they can.
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Bitcoin is always out of human control. Bitcoin controls itself. Bitcoin does not require any external force to control. However, the value of bitcoin for a few days is really unimaginable Way is growing. We are probably hoping that the price of bitcoin will cross $50k so fast. The truth was worth watching.
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I fully agree with the author of this post. The whales no longer have an influence on the market. Now no one can control him. Therefore, the future belongs to cryptocurrency.
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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.
However, this situation is possible if the numbers of bitcoin held by certain whales are smaller than the amount the institutions are buying right now. Remember that some whales bought BTC at a very low price some years ego and the institutions that are buying bitcoin are only buying at a higher prices. Some whales are holding up to 120,000BTC, while some are holding around 70,000BTC bought some years ego. These whales still has some advantages to control the market at any time.
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I am sure that big players and manipulators communicate with each other and decide when the price of bitcoin should rise and when the price of bitcoin should fall, so you should always be careful in the cryptocurrency sphere, because at any moment any cryptocurrency, like bitcoin, can fall very much in price, also after for such a long rise of bitcoin price, bitcoin correction could begin at any moment.
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There are some of my friends who have started buying bitcoins because the price keeps going up and they are happy with the profit
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@fadl4 that's great but tell your friends to buy carefully, even though we are on an unstoppable rally due to news of big companies and corporations buying, at any moment there may be some (even minor) corrections and your friends can sell for afraid of a big drop, tell them not to be afraid.
As for the market, I think the situation cannot be better, every day we can read news about a company that is targeting Bitcoin and crypto, and that is a benefit for everyone.
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The BTC market is uncontrollable Now. No one can say for sure what BTCL did with the market now that the BTCL market is worthless. I am seeking advice from senior brothers to find out why this BTC market is worthless. Let them help me in this matter.
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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.
Well, there are more whales now which means that it has becomed more difficult to try and control the market; with more institutional investors, more whales, more difficult to control the market. i THINK this is good for crypto currency
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Exactly. Big changes have occurred and seem to mark a new history of bitcoin. Prices that continue to rise seem unstoppable. And one of the reasons is the joining of large institutions into bitcoin internals ...
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There is a big change in the bitcoin market where the price of bitcoin is uncontrollable now because of big investment in the bitcoin has heppened.
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I think such changes are natural. Every time the company will open up new opportunities to ensure its progress is in line with the original goal. And after the era of the whales, it looks like it will be replaced by the existence of large corporate investors.
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I fully agree with the author of this post. The whales no longer have an influence on the market. Now no one can control him. Therefore, the future belongs to cryptocurrency.
I also agree with you mate, no one can control bitcoin, because bitcoin has owned by everyone. Demand and supply will control bitcoin price. For now, bitcoin has high demand. So whales cannot control it.
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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.
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currently cryptocurrency or bitcoin is a trend around the world and in large companies around.
so that the current price continue to increase incessantly. if you look at market movements, every time you make a correction, the price of bitcoin increases by about 3% -30% and it happen many time after every correction.
this could happen because more and more technology companies start investing in bitcoin and the possibility of bitcoin price reaching $ 100k will happen
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I am quite happy with the bitcoin movement for the past 6-7 months. Bitcoin is continuously growing at a good pace but we should be cautious too as its a highly volatile but in the current bull run we did not see any high volatility so far. Certainly, the trust factor has been increased in the investor's or trader's mind that's why the Btc market is performing outstandingly. Let's see how the market behaves in the coming months.
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We cannot control the market, because there is already a separate concept, where the concept of sales is a concept that is oriented at the level of sales (internal), where marketers think that consumers must be influenced (if they need to be persuaded) so that sales can increase
the same thing with bitcoin the community is influenced by large profits so that they are eager to buy and get the profit as expected
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Currently, Bitcoin has started to grow in such a way that it is not known exactly how many dollars Bitcoin will reach. In other words, Bitcoin has started moving at a rocket speed. We can see that Bitcoin is currently at $52640. Many have speculated that Bitcoin will soon reach $70,000. Bitcoin is now completely out of control.
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Nowadays, popular investors sees Bitcoin as huge potential in the future because of it's future proof capability. An investor can secure his/her future with just a coin through the non stop increase of prices due to supply and demand.
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All the factors needed to drive Bitcoin higher seem to be coming together in 2021. This could be the year the BTC and cryptocurrency finally becomes a mainstream asset class. The Bitcoin seems unstoppable in 2021.
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We can see that the value of bitcoin has grown very much, after large institutional funds have believed in it and invested large amounts of money. I think that all bitcoin holders are interested in its growth. It is not profitable for whales to sell their bitcoins now, because the growth potential is very large and if they sell their bitcoins now, they may not buy them at this price.
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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.
There is a certain amount of logic in your reasoning. We know that if the volume of trade in a certain cryptocurrency on the market is small, then by making a purchase or sale, it is very easy to influence the price of this cryptocurrency. If there are many players on the market, then it is much more difficult, and sometimes even impossible. Therefore, as the total capitalization of this market increases, it will become increasingly difficult for whales to manipulate it. To do this, they will have to invest more and more money. Under certain circumstances, this will no longer be possible.
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Maybe this is not about uncontrollable but this is the starting point of the bullish market of BTC itself. A=If we see the chart of Bitcoin bullish time, it seems that this is still the beginning, so the era of Bitcoin bullish si still happening and we can also see the price of BTC can jump high and down very easily
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BTC bounced exactly from the first support of $52832. Bitcoin made a new all-time high and near to the big milestone of $1 Trillion marketcap. We may see profit booking at this level and market me see s correction soon.
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I guess whales did not lose their power as a whole, but yeah now there is institutional money too. Probably some whales are part of GrayScale etc. So I think they can now control the market better than 2017-18.
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I don't count any comments on recent Bitcoin halving. Bitcoin day by day becoming decentralized and out of control. No central bank and governments can control Bitcoin market. Where will Bitcoin go , we can't predict.
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very true. All we can do is control our emotions in making trades that help to minimize the risk of losses and profit . If not, then it will make us lose a lot of assets.
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bitcoin market is out of control because so far bitcoin is still being hunted by investors so that it continues to break its record throughout history.
Based on Bloomberg data, Bitcoin price jumped past US $ 52,000 for the first time. In trading in New York, Wednesday (17/2/2021) local time, the price of Bitcoin rose 7.7 percent to the level of US $ 52,332.
This digital asset is attracting more mainstream investors' attention, especially after Elon Musk through Tesla Inc. made a purchase of Bitcoin worth US $ 1.5 billion.
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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.
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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.
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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.
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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
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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.
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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.
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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.
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Personally, I do not think the Bitcoin market has ever been controllable, at least not in a transparent way.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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The market was never controllable. We just have to adapt to it as it changes.
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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.
Such market growth still means little. Whales will always be able to influence this market by buying or selling large batches of bitcoins or other cryptocurrencies. The current drop in the price of bitcoin is also caused by an increase in the supply for the sale of bitcoins, but we do not yet know if there are any large bitcoin holders among them.
Now the price of bitcoin has already dropped to $ 46,444, and the capitalization - to $ 856 million. Therefore, this market will always have very high price volatility.
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The more people acquire bitcoin, the less whales can affect it! But I think their influence is still very large, so it is still a long time before the general adoption whales are able to create an artificial correction and manipulate the price of bitcoin and the entire crypto market!
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Actually who controls Bitcoin? Is the coin is under controlled by someone? and here is sometimes and also sometimes. I am never rad about controlling Bitcoin. This can't be controlled because it is decentralized and this really differ from the money
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The bitcoin market will be always uncontrollable and unstable. It is the characteristic of Bitcoin or the crypto market. If you already learn about the crypto market for a long time, you shouldn't be so surprised by the unstable or uncontrollable characteristics of the Bitcoin market. However, it is not only a bad side of the Bitcoin market, it can be a positive side that we can take benefits. ;)
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A far as I know, none can control Bitcoin. The price is based on the supply and demand of the market. Bitcoin is decentralized so no one can control it. It only becomes more volatile because of the fundamental news and also some other factors in the market.
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I heard a long time ago that no one can control the bitcoin market. I didn't believe that. But now looking at the state of Bitcoin, I am saying that no one can control the market of Bitcoin. Bitcoin itself Own controller. But maybe investors play a big role in the bitcoin market. Because if they don't invest, bitcoin can come to the stage today Would not.
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I heard a long time ago that no one can control the bitcoin market. I didn't believe that. But now looking at the state of Bitcoin, I am saying that no one can control the market of Bitcoin. Bitcoin itself Own controller. But maybe investors play a big role in the bitcoin market. Because if they don't invest, bitcoin can come to the stage today Would not.
In fact, I've heard before that the bitcoin market can never be controlled. But the bitcoin market is completely dependent on investors. The more you trade, the more the price of Bitcoin will increase. Once the bitcoin price is dumped and pumped again, I think it depends entirely on the investors. Then it is understood that the market is completely dependent on the traders.
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Actually who controls Bitcoin? Is the coin is under controlled by someone? and here is sometimes and also sometimes. I am never rad about controlling Bitcoin. This can't be controlled because it is decentralized and this really differ from the money
That's right, Nobody controls Bitcoin, New investors will buy at the current price and they won't sell before making a profit, Some groups may be able to control the Bitcoin price, but there are still a lot of bitcoins that I see on the top list of Bitcoin wallets that don't make transactions
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A far as I know, none can control Bitcoin. The price is based on the supply and demand of the market. Bitcoin is decentralized so no one can control it. It only becomes more volatile because of the fundamental news and also some other factors in the market.
I have read several opinions here, I agree with you No one can control bitcoin, Only demand and supply will control the bitcoin market . Maybe several investors said whales will control, But I doubt It .
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A far as I know, none can control Bitcoin. The price is based on the supply and demand of the market. Bitcoin is decentralized so no one can control it. It only becomes more volatile because of the fundamental news and also some other factors in the market.
I have read several opinions here, I agree with you No one can control bitcoin, Only demand and supply will control the bitcoin market . Maybe several investors said whales will control, But I doubt It .
The fact is that holders of large volumes of Bitcoin can theoretically influence not only the bitcoin rate, but, accordingly, the entire cryptocurrency market. But actually the question is whether they need it. the fact is that the owners of large investment portfolios are interested in the growth of their assets, and therefore will support Bitcoin by all means and will not allow it to fall below the minimum thresholds that are set after the next corrections.
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Precisely that is what makes Bitcoin not like other products, that nobody controls it, it is digital freedom, and nobody has enough capacity to buy all the bitcoins that exist or will exist, and even if someone had enough money to buy everything, there are many people who would not sell, that makes it special and different at the same time.
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Those who are big investors in Bitcoin they can say when the price of bitcoin will rise or fall. Because we know that 98% of Bitcoin is in the hands of some people and the remaining 2% is in the hands of ordinary investors. In that case it can be said that Bitcoin is in the hands of whales.
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Precisely that is what makes Bitcoin not like other products, that nobody controls it, it is digital freedom, and nobody has enough capacity to buy all the bitcoins that exist or will exist, and even if someone had enough money to buy everything, there are many people who would not sell, that makes it special and different at the same time.
that's right, no body can control bitcoin, because bitcoin has owned by many investors. I think whales cannot control bitcoin..I think We all know bitcoin has high demand now. Just demand and supply can control bitcoin market.
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Precisely that is what makes Bitcoin not like other products, that nobody controls it, it is digital freedom, and nobody has enough capacity to buy all the bitcoins that exist or will exist, and even if someone had enough money to buy everything, there are many people who would not sell, that makes it special and different at the same time.
that's right, no body can control bitcoin, because bitcoin has owned by many investors. I think whales cannot control bitcoin..I think We all know bitcoin has high demand now. Just demand and supply can control bitcoin market.
When we talk about control, we mean some kind of controlling authorities. But for bitcoin and cryptocurrency, this is not suitable, because they are decentralized. Bitcoin is self-regulated and all bitcoin holders depend only on the sale and purchase of bitcoin by large investors.
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Those who are big investors in Bitcoin they can say when the price of bitcoin will rise or fall. Because we know that 98% of Bitcoin is in the hands of some people and the remaining 2% is in the hands of ordinary investors. In that case it can be said that Bitcoin is in the hands of whales.
Those who have large amounts of Bitcoin can indeed control the price of Bitcoin, so they can easily benefit from the ups and downs of Bitcoin prices. They are often referred to as whales whose actions are greatly feared by small traders and investors in Bitcoin. And this uncontrolled Bitcoin price is actually one effect of what they (the Bitcoin whales) are doing.
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I would not rush to discard whales, because they can wait for the moment when they can sell and then the price of bitcoin may fall, but now it will not fall so much.
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The Bitcoin market has never been controlled by anyone. However, it is now common to comment on the value of bitcoins because such a rare event has never happened before in the history of bitcoin..Who do you think could contribute to the rise in the value of bitcoins?I think investors have brought Bitcoin to this stage.
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Bitcoin market is currently not under the control of any country or nation. Bitcoin is constantly gaining more and more popularity in business. So Bitcoin's users are scattered all over the world. Bitcoin's importance is growing worldwide. Bitcoin will become more popular in the next world. Will be used as one of the means of transaction. Which will never be under human control.
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The Bitcoin market has never been controlled by anyone. However, it is now common to comment on the value of bitcoins because such a rare event has never happened before in the history of bitcoin..Who do you think could contribute to the rise in the value of bitcoins?I think investors have brought Bitcoin to this stage.
Yes, I see. Bitcoin can be controlled by anyone. I think just demand and supply will effect bitcoin. That's right, for now many investors have invested bitcoin , so I believe bitcoin price will rise again..
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BTC market not go high so much it just touches the 61,000$ high and i hope still in future it go high more becasue the market is still down and it give us good profit in future more if we buy the coin and hold that.
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Was Bitcoin market controllable in the past?
Bitcoin by nature isn't controllable by any person as it has no central authority to control. But market sometimes depend on Whales's movements. They spread rumor to take facilities. Besides this, ups and downs is the normal process. Some whales or big traders take this facilities of ups and downs movements.
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Bitcoin since it was first created is also uncontrollable and very difficult to control.
I tried to find all of this information from online media sources and they all said that Bitcoin was really difficult to control.
Better that we paddle together to see the movement of Bitcoin and enjoy it rather than we have to fight the flow of Bitcoin because it will end up in vain.
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Mmm, I respect the opinions. Of known people, including exchanges, a figure of potentially 10 to 15% of all Bitcoin is owned. Certain entities remain a certain influence, even though decentralised, partly centralised. Tricky perspective
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Mmm, I respect the opinions. Of known people, including exchanges, a figure of potentially 10 to 15% of all Bitcoin is owned. Certain entities remain a certain influence, even though decentralised, partly centralised. Tricky perspective
undoubtedly you are really right, because at any time the big whales have influenced the cryptocurrency market, which today are the same big investors who bought Bitcoin for millions or billions of dollars. If they want to manipulate the market, they can do it with great ease thanks to the large volumes of bitcoins.
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Since when can the crypto market, especially Bitcoin be controlled? As far as I know, the price is very dependent on the market, we cannot control it and the Bitcoin price will always be volatile with high fluctuations. If we are careless or not right then we will lose.
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I guess now people not really care if the market is controlled by the whales or not. As long as they can make big profits from investing in Bitcoin, people will always participate in Bitcoin investment. The bitcoin market is already matured enough about the whale's issue, so people are not very influenced about the whale's issue right now. People believe the crypto market commonly controlled by supply-demand.
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Nobody controls the market or the price of Bitcoin, if a number of orders are at the highest price then someone who needs Bitcoin will buy it immediately, then that person holds it and waits for the price to rise, it keeps happening because of the increase in the level of use and demand for Bitcoin always there
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The market is now out of reach due to the massive improvement of the current Bitcoin. Because those who bought and deposited tokens or held Bitcoin are now hoping to get huge benefits. So now I think controlling Bitcoin is becoming very risky.
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I think the cryptocurrency market is always out of everyone's control. Especially the bitcoin market may not be controlled by anyone. However, some amount of control may be in the hands of investors. This is because the value of bitcoins increases when investors invest in bitcoin platforms. Again, when the amount of investment decreases, the value of bitcoin decreases a lot.
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Ever since the cryptocurrency started, no one controls it. You can say that big time peoples and whales can influence its value however what controls Bitcoin is the demand and supply. Cryptocerrency is decentralized which means that no one, not even the government can regulate nor control Bitcoin.
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If we are talking about the BTC price, it is not about controllable or not. We all know that Bitcoin is not be able to control. This is a decentralized system. The market really determines the price. Moreover, if there is new news, the price will be also influenced. In this case, we need to get deeper tot the Bitcoin price chart in order to know the movement of the price itself.
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Of course, no one can control the cryptocurrency market. However, whales can periodically influence the formation of the price on it, lower or increase it at will. With a further increase in capitalization, this will become increasingly difficult. However, you can influence any market with your capital.
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In fact, it is unbelievable that the price of Bitcoin has increased so much in the last few days. Indeed, the price of Bitcoin has gone out of control.What is the reason for the sudden rise in the price of bitcoin? I have never seen the price of bitcoin rise so fast in the past as I do now.
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Bitcoin prices are rising so much in the current market No one can say why.Bitcoin has now crossed the limit.Bitcoin prices are rising by leaps and bounds.The future of Bitcoin is really very bright.
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@Believer I think we can tell why. Tesla has helped a lot, and a few hours ago they officially announced that their cars can be bought with Bitcoin on the US market. That has made many institutions, public and private companies invest in Bitcoin, if we add all that and the global exposure that Bitcoin and cryptocurrencies in general are having, we can find the reasons.
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Yes brother you are right. The crypto market has advanced a lot now but it is not possible to say when the price of a coin will go up.BTC is moving forward a lot at the moment so I hope this coin goes to a better position. And we can benefit a lot from this BTC next time.
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Yes brother you are right. The crypto market has advanced a lot now but it is not possible to say when the price of a coin will go up.BTC is moving forward a lot at the moment so I hope this coin goes to a better position. And we can benefit a lot from this BTC next time.
today there has been a significant reduction in the inflow of investment funds in bitcoin. these are the factors that can explain the current situation in the cryptocurrency market. Undoubtedly, one should not have expected a very fast bull run, but the current pace of development of the cryptocurrency market is quite acceptable.
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The market has had its ups and downs and that mostly is caused by the whales. Now that new investors and institutional bodies are coming into the system, the down trend in the price of bitcoin will be reduced to its minimal level, but that does not affect the time for price correction, as it is a normal thing that must happen. Whales on the other side will not be able to affect the price of bitcoin as they used to.
It is also certain that the price of the market is not controlled by no one, but by the reaction of the market, the buyers and the sellers, whom are controlling.
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Cryptocurrency is nothing to say impossible.Bitcoin is the most preferred coin of all users in the world of cryptocurrency.As the days go by, the price of Bitcoin has risen sharply.The cryptocurrency market cannot be controlled by anyone The cryptocurrency market moves at its own pace over time.Bitcoin recently set a record of touching one trillion dollars.
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Bitcoin is always out of human control. Bitcoin controls itself. Bitcoin does not require any external force to control. However, the value of bitcoin for a few days is really unimaginable Way is growing. We are probably hoping that the price of bitcoin will cross $50k so fast. The truth was worth watching.
I agree with you. I think you have said something logical. The Bitcoin market is always out of our control. But now it seems to be out of control The value of bitcoin.