theres some nice price manipulation going on on bitfinex

bitcoin price starts crashing, 2.5m bull whale comes along and pushes back up from 15200 to 16000 on his own, giving traders & investors the wrong image that the market is rejecting a further drop. this is very much possible in a bubble as everyone is insecure about when the tides will turn. this lone bullwhale creates a false image that the market might still bull on, and ofcourse, all the other markets just copy what bitfinex is doing.

just a theory, do you think this could be plausible?

i mean cmon, no wealthy guy is gonna step in only now. only schmucks without much wealth do while everyone is waiting to sell off

submitted by /u/enesra
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