Does Wall Street Have any Relation to the Chain of Dips in Bitcoin Price?

[Goodcat49]

Wall Street has always been the subject of many discussions and theories. It is not a surprise that people are actively arguing over a theory suggesting that Wall Street has been manipulating the cryptocurrency market in order to buy coins for almost nothing.

Popular Theory
Now and then the crypto community and social media have left hints that Wall Street could have negatively influenced the prices of major crypto coins, including Bitcoin, Ethereum, and Ripple. The suspicions were raised in the mid-December when the CME Group and CBOE offered Bitcoin Futures for sale. Simultaneously, at that time we observed Bitcoin at $20,000 for the last time. This period is also considered by many experts as the start of the bear market, which we have been experiencing till now.

As the crypto market is still not regulated, the punishment of those who try to manipulate the trends is not devised as well. It means that, unlike traditional financial markets, where such manipulations are legally handled, crypto markets are open battlefields, where the strongest wins.   

Some experts support that theory. According to Alena Nariniany, CEO Crypto-A, a marketing agency specializing on providing services for ICO projects and blockchain startups, “the version seems quite logical.”   

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/wall-street-have-any-relation-to-chain-of-dips/