is bitcoin price being manipulated?

[doc]

for large fund owners can certainly manipulate the crypto market, but it will not last long because the market will return to normal, there will only be a correction if there is a negative issue circulating. Whales or a group of whales are the main actors who manipulate the crypto market.

Indeed. The whales have the power to manipulate the market. If the circulating supply in the market is increasing, the price will tend to decrease. The whales is possible to dump it because they have many coins in their wallets. Moreover if there is news spreading in many social media channels that reports the whales to sell such coins because of certain reasons. This will boost the power to decline the prices of the coins quickly. However, it is true that they will dump it temporally. For the long run, it may have no significant impact anymore.

you are right if we have decided to hold for the long term of course we are affected by the news that is currently circulating, we remain calm because of course we will sell it during the bullish season. Whales will always manipulate the market with news that makes prices go up or down according to their wishes.

[debra]

Wouldn't bad news make people panic and sell their coins, this reduces the demand for the coin because of panic and fear of buying. They choose to sell. Negative issues always affect demand, when bad news circulates we will see a decrease in the price of the coin

Indeed. That's why I said "the price can move (decrease or increase) easily because of the news". When there is bad news, people can sell their Bitcoin for a lose because they panic. But now, people are getting smarter, they won't sell their Bitcoin carelessly. People already have good knowledge because many sources explain it. Even if the price dropped, I see many people keep holding. They aren't so worried again with the downtrend.

[PX-Z]

... . But now, people are getting smarter, they won't sell their Bitcoin carelessly. People already have good knowledge because many sources explain it. Even if the price dropped, I see many people keep holding. They aren't so worried again with the downtrend.

I hope it is but i don't think so, there are still lot of people got FOMO hearing negative news like its always the reason why bitcoin will dump just hearing it.

[rizqillah]

... . But now, people are getting smarter, they won't sell their Bitcoin carelessly. People already have good knowledge because many sources explain it. Even if the price dropped, I see many people keep holding. They aren't so worried again with the downtrend.

I hope it is but i don't think so, there are still lot of people got FOMO hearing negative news like its always the reason why bitcoin will dump just hearing it.

not all investors have good emotions, do not panic when there is bad news. Fomo is always there especially for newbies they will panic if suddenly the market experiences a correction. If you have been investing for a long time and have good experience and understand that volatility will always be there in crypto, they will remain calm.

[alltalk]

you are right if we have decided to hold for the long term of course we are affected by the news that is currently circulating, we remain calm because of course we will sell it during the bullish season. Whales will always manipulate the market with news that makes prices go up or down according to their wishes.

If we are holding for a long term, we shouldn't be affected to the current news because we won't sell in the near future. It will be different if we are holding for a short term and plan to sell the Bitcoin soon. Sure, we will be affected because we are worried that the won't reach our expected price for taking profits. But if we used our own funds for the investment, I think it is no problem to hold it a longer time if it still doesn't reach the goal. Bitcoin is trustable asset, the price will grow again. The drop in Bitcoin usually will last temporally.

[debra]

I hope it is but i don't think so, there are still lot of people got FOMO hearing negative news like its always the reason why bitcoin will dump just hearing it.

It is quite unfortunate that there are still many people who never learned well. Or those people got FOMO are beginners?
If people are experienced enough in crypto, they must be aware of the FUDs and they won't be influenced with the FUDs. But I can realize that some people have bad mentality. They easily feel worried every time they hear about bad news. This type of people will be difficult to improve their mentality because they basically have a problem with their emotion.

[Legion]

I hope it is but i don't think so, there are still lot of people got FOMO hearing negative news like its always the reason why bitcoin will dump just hearing it.

It is quite unfortunate that there are still many people who never learned well. Or those people got FOMO are beginners?
If people are experienced enough in crypto, they must be aware of the FUDs and they won't be influenced with the FUDs. But I can realize that some people have bad mentality. They easily feel worried every time they hear about bad news. This type of people will be difficult to improve their mentality because they basically have a problem with their emotion.

It is logical to accept the fact that experience and knowledge is vital when facing all sorts of challenges in the crypto world, including FUD. However, the journey is different for everyone and the level of experience is definetely different as well. Especially to the newcomers, much effort should be made to be supportive and share useful information on how to cope with the existence of uncertainty. For those scared, with proper attitude and information we can assist them to clear their fears and be confident enough to face the coming hurdles.

[philipma1957]

BTC will likely drop under 55k tonight. Maybe as low as 48 or 49k.

[bayu7adi]

It is logical to accept the fact that experience and knowledge is vital when facing all sorts of challenges in the crypto world, including FUD. However, the journey is different for everyone and the level of experience is definetely different as well. Especially to the newcomers, much effort should be made to be supportive and share useful information on how to cope with the existence of uncertainty. For those scared, with proper attitude and information we can assist them to clear their fears and be confident enough to face the coming hurdles.

After knowing that their decision was wrong because they were trapped in FUD, in the next FUD news, they should have been able to improve their decision better. People who are too influenced by fomo usually only happen at the beginning of their career in the cryptocurrency world, at least it takes time for them to learn from their mistakes in order to become traders or investors who have strong hands. I still think this is normal, because there are so many people coming into the cryptocurrency world every day... and they come from various different backgrounds.

[Legion]

It is logical to accept the fact that experience and knowledge is vital when facing all sorts of challenges in the crypto world, including FUD. However, the journey is different for everyone and the level of experience is definetely different as well. Especially to the newcomers, much effort should be made to be supportive and share useful information on how to cope with the existence of uncertainty. For those scared, with proper attitude and information we can assist them to clear their fears and be confident enough to face the coming hurdles.

After knowing that their decision was wrong because they were trapped in FUD, in the next FUD news, they should have been able to improve their decision better. People who are too influenced by fomo usually only happen at the beginning of their career in the cryptocurrency world, at least it takes time for them to learn from their mistakes in order to become traders or investors who have strong hands. I still think this is normal, because there are so many people coming into the cryptocurrency world every day... and they come from various different backgrounds.

Right, After going through such mistakes of being trapped in FUD, many new traders and investors will be more careful if they encounter such information in the future. Failure is also part of the process and learning from it is a key factor of their growth. It is understandable for them to get FOMO at the onset of entering the crypto zone, but as they continuously engage themselves, they will develop the capability to overcome it. Some are from traditional broadcast backgrounds, and some are from tech and gaming backgrounds, which is why many people are getting involved in this space, which is a good thing.

[pieppiep]

BTC will likely drop under 55k tonight. Maybe as low as 48 or 49k.

I usually take advantage of situations like this to buy more bitcoins. The price of bitcoin dropping to the number you mentioned above is a fairly cheap price. So for investors and other wealthy people it is a very good opportunity and must be utilized well.

[dekafee79]

BTC will likely drop under 55k tonight. Maybe as low as 48 or 49k.

I usually take advantage of situations like this to buy more bitcoins. The price of bitcoin dropping to the number you mentioned above is a fairly cheap price. So for investors and other wealthy people it is a very good opportunity and must be utilized well.

The current situation is very good if you have a lot of capital to buy coins, especially bitcoin and other top 5 coins, I added Solanan and BNB last week and plan to buy TON this week. Let's see, the market will improve or will go down again.

[philipma1957]

BTC will likely drop under 55k tonight. Maybe as low as 48 or 49k.

I usually take advantage of situations like this to buy more bitcoins. The price of bitcoin dropping to the number you mentioned above is a fairly cheap price. So for investors and other wealthy people it is a very good opportunity and must be utilized well.

it hit 55.8k about an hour ago maybe a bit lower is still coming.

it looks like it needs to drop under under 50k in order to reset and move up.

[taufik123]

it hit 55.8k about an hour ago maybe a bit lower is still coming.

it looks like it needs to drop under under 50k in order to reset and move up.

If Bitcoin is unable to break $57k again in the Flip Trend area in the 1D Time Frame, it will be a further decline as you said.
But to break the $50k price below it must break through $52700 as a fairly strong resistance in the Down area of the console trend.



Hopefully, bitcoin is still strong enough and breaking the price of $50k below will be a very sharp decline and make all altcoins also affected.

[JISAN]

Not barely 48hrs the price of bitcoin moves from 52k to 60k like I was mean to asked if there is any positive news that gives rise to this sudden increase, though wasn't expecting bitcoin price to remain stationary but they way it moves seriously increased without any delay or is there any whale that came to buy at huge? Please if there is any news that relates to sudden increase don't hesitate to share here.
Those who are doing DCA have also made some cool cash in between this shortest time frame as the price seems to be manipulative.

Bitcoin prices have seen a great deal of volatility.  It's been down a lot for a few days.  $2500+ price drop today too.  Bitcoin being down like this confuses me.  Because I haven't received any negative news about Bitcoin yet but Bitcoin is continuously decreasing. If it goes down like that, the price could go below $50k. And if that happens, something bad could happen to Bitcoin. Everyone is looking forward to 2025 as there is a big chance of Bitcoin price making an ATH at that time. Do you think Bitcoin can make a big ATH in 2025?

If Bitcoin can make ATH in 2025 then now is a good time to buy Bitcoin with DCA.  Because now Bitcoin is very down.