that's what i was expecting until it happened. everyone told us that the bigger it would get, the slower and less violent the moves. to me at least i can barely detect any change at all. we can still shed 10-30% in a few hours without blinking. i must say i'm very surprised by this.
anyway is there someone out there willing to put together some stats about bitcoin's sideways and consolidation moves? they usually last for much longer and it might be more informative about the future. alot of the time bitcoin doesn't actually do very much.
Since the crashes are caused by a bigger supply and a lower demand of bitcoin in the system its price in fiat should be irrelevant in the equation, so big players like whales, exchanges and governments can manipulate bitcoin as they please as long as they keep a huge supply of coins or as it is the case with exchanges they control the platform in which the trades take place or in the case of governments they have control of the discourse in the media.
