I have heard about some conspiracy theories that saying that Binance lost 7k Bitcoins because they tested SegWit upgrade
Who knows where is the truth.
found this on telegram :
The Pump on BITCOIN you See is Purely Manipulative We Feel
Bcoz
1. You Know Bitfinex FUD going on That There are Possibilities Bitfinex Might Lock Up Tether (USDT)
So What will Happen is Users on BitFinex Won't Be Able to Use Their Tether Balance.... Which is a Big FUD, BITCOIN Pumping.
2. This Brings me to The 2nd Point Which is Binance 7000 BTC Hack So That Binance Could Stop Withdrawals and Deposits. and That's Another Reason Behind, Bcoz ALTS are Dying So Whales/ People Have Only One Option Left for Trade Which is Trade on BTC/USDT Pairs, BITCOIN Pumping
3. Also at The Same Time Rumors Say That BINANCE Might be Developing Their Own STABLE Coin Which Could Only Be Done by Moving from USDT to The Newly Binance STABLE Coin. So Whales Will Buy BTC Rather than Holding USDT. Right...? and BITCOIN Pumping
Just We Would Say IF Bitfinex Starts USDT Withdrawal and Also Binance Withdrawal will Be Enabled by Next Week BITCOIN will Start The Correction and Possibly Could Dump 500 - 1000 Dollars, And Expecting to Hold Above 6K Dollars