A good example of elite manipulation of Bitcoin

[killat]

Unfortunately, there are many other ways for Crypto market to be manipulated:

- Spoofing: is to pretend to have an intent to execute a specific trade to affect market sentimen. Often done with setting large orders that don't get filled and are immediately pulled. Fake buy or sell walls can drive the price

Especially familiar in markets with margin trading


- Short and long squeezes

A short or long squeeze occurs when a price is pushed upwards or downwards by a cascade of margin calls
In cryptocurrency markets, where margin trading is popular, and regulations lose, short and long squeeze hunting is common


- Pump and dumps

A small group of traders gets a larger group to buy into crypto which drives up the price and attracts outsiders, then the original small group exits at the expense of the outsiders

Manifests as a sudden rise in price that's followed by a complete retracement in a short period

Often coordinated through Telegram groups


- Wash trading

Creating fake trading volume in a market to signal false interest

Traders can do this by buying and selling amongst themselves to artificially increase trade volume

Especially dominant in exchanges with low fees and altcoin markets

[James andrew]

The market for digital coins other than bitcoin is very thin and easy to manipulate.I hardly see any of them around except a bunch of day traders and speculators, nothing else. Those with ideals have long gone I guess.