The market is too big for a few individuals to control it. BTC is not a 10 million altcoin which can easy be controlled by whales.
The market has seen a normal correction due to small panic sellers. It is healthy because now weaker hands are shaken out which means there is now more room to grow.
Totally agree. What is happening to the market atm is healthy imo.
Cheers.
I agree with ammo-reloaded and zyno. The correction happening to the market right now is healthy. The overvaluation of cryptocurrency is harmful for the long-term even if it benefits some investors in the short-term. If we want cryptocurrencies to become more mainstream and legitimized then avoiding gigantic bubbles through corrections like this is something we should be content with.