are whales responsible for the deeps?

[Stuart]

The price of bitcoin is unpredictable, is it completely affected by the whales? I read some article from coinmarketcap app, that a whale drop lots of his coin that has made this deeps. And the price is now below $4000, now at $3736 with a change of -14.17%. Also, from another article from same app, that the price will get to $1500 by the end of the year. Now am confused.

[aldenlim]

Probably whales are behind these dumping schemes but why are they dumping? The answer is most of those
whales in this cryptocurrency world are whales that bought Bitcoin in its early years when the price is too low and
if they see that the market has the capability to be able to absorb the amount of Bitcoin's they'll sell they will
surely do it and this is my point of view on this current situation.

[Quart]

Whales possibly cause the market getting worse or better since they have big influence in market stability, even if no one knows the truth. We only can speculate because they have ability to manipulate market. Whales do their activities with their own ways, we never know what really happened behind this reduction.

[ComeBack]

We believed that whales or some people are the main reason of this dips and why it keep coming lower and lower. They just want to have more assets in low price before making it pump again.

[ZionRTZ]

Not just whales but anyone who sells in panic is responsible for the market crash. If no one will panic sell and takes advantage of cheap prices, the market will quickly recover even if a whale will sell his/her huge bags.