Well, the guys that brought us the "Bart Simpson" chart pattern maybe are some kind of "Federal Reserve"
![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fblockexplorer.com%2Fnews%2Fwp-content%2Fuploads%2F2019%2F01%2FCrypto-bart-pattern-1024x531.jpg&t=665&c=CkJ0jaGyR-3A5w)
While this is an old image, the pattern was very much used between 6000 and 7000 and also somewhat between 3000 and 4000.
Obviously, the reason are short-term traders. But they have the same effect than as if was a "FED" - they've stabilized the price a bit. So encouraging short-term trading techniques (including arbitrage and short-term short selling) seems a viable strategy to stabilize the Bitcoin price and make it more useful "as a currency"
![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
(I'm still working on the
idea I linked before. Maybe this year I can code a prototype. However, it seems this year is to become bullish, so it wouldn't get massive acceptance, but at the end of a bull phase stabilization mechanisms will get more demand (as people become increasingly fearful)
![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
)