Bitcoin's Latest Rise Was Manipulated?

[NeuroticFish]

I think that the downtrend was fake/manipulation. And with the unexpected help from China the upward pressure couldn't be stopped any longer.
Bitcoin is limited supply and the halving is near. Don't forget that.

[ahoenk]

I think that the downtrend was fake/manipulation. And with the unexpected help from China the upward pressure couldn't be stopped any longer.
Bitcoin is limited supply and the halving is near. Don't forget that.

there will be crash manipulation when it is halving.

[Wind_FURY]

I think that the downtrend was fake/manipulation. And with the unexpected help from China the upward pressure couldn't be stopped any longer.
Bitcoin is limited supply and the halving is near. Don't forget that.

Not all in my opinion, the whalecumulators start the catalyst of a crash, but it was also the product of the plebs' selling.

there will be crash manipulation when it is halving.

The opposite.

[btc_angela]

I think that the downtrend was fake/manipulation. And with the unexpected help from China the upward pressure couldn't be stopped any longer.

And manipulators already started the last great we have as well, April to be exact and ended in June. So maybe they are just waiting for the perfect timing to pump the price.

Bitcoin is limited supply and the halving is near. Don't forget that.

Seven months to go and counting, still have a lot of time to accumulate.

[NewRanger]

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I think that the downtrend was fake/manipulation. And with the unexpected help from China the upward pressure couldn't be stopped any longer.
Bitcoin is limited supply and the halving is near. Don't forget that.

we were in dow trend almost in a year, much investors loss their money till felt give up and want to quit from market quickly.how could we said this is manipulation.in my opinion lastest news from china give new spirit for trader that loss alot .they think china could be the saviour in cryptocurrrency market with their power.halving be main issue for bitcoin price in near future.it hoped could make bitcoin price recovered again.

[dimonstration]

So far, no one has cited any real facts of market manipulation recently, when bitcoin in two days grew in price by two thousand dollars. I also do not even see real positive news that could lead to this. The news from China is not so serious as to have such consequences in the cryptocurrency market. Although, let everyone remain in their own opinion. Someone likes to consider this increase in the price of bitcoin as manipulation, someone believes that this is simply a return of the price to the usual value for bitcoin.

It can be a coincidence that leads the BTC price pump this past few days same time china announces approval or interest in blockchain since price by that time is entering into new level going lower than $7k which can be also the time many wait to buy btc. However its been always a rumor about manipulation which is capable as long as we have tons of money to buy and sell btc.

[teosanru]

Dramatic, amazing and unbelievable are some nice words that described the latest rise in the price of Bitcoin and especially so when it was hovering for days at mo than $7000 and people were wondering if Bitcoin will be going down further to $6000 or will it break through the boring situation.

Then all of a sudden it made some burst even reaching more than $10,000 and people scrambled to find what can be the reasons behind the amazing surge. While there are those who linked the statement of China's president on the blockchain, there are also who are looking at the possibility that this movement is actually just manipulated.

Right now, Bitcoin is back at $9100 per CMC and seems to me like is taking some rest for a probable another big dip. Do you believe that this is just a manipulation and because of that it could not hold on to the $9000 price?

The truth is that every peak and trough in BTC is properly scripted and a lot of people are involved in making such pumps and dumps happen. These happen generally opposite to the current market trend as people get into FOMO pretty easily. I think even the fall until 7000 was also manipulated and so was the rise all the way upto 10k. But the thing is generally these manipulation create momentum for further price appreciation. But for retail traders it's always better for them to stay out of the market while such things are happening.

[Ziskinberg]

Seven months to go and counting, still have a lot of time to accumulate.

Bitcoin is still below $10k and that is my range to accumulate, and in fact I have already accumulated enough since bitcoin has been very bearish since last year. The rise was good even if its manipulated, no one cares because we all know from the very first place that anyone who have big control on the total supply can manipulate the market and that's his own game since he is entitled to do that.

At this point, all we do is just to continue to be optimistic that this rise will continue so we can finally break this long bear market by achieving an new ATH.
If the rise will continue til the end of the year, I am not expecting a new high this year but I will be very confident we will see it next year.

[Obito]

Dramatic, amazing and unbelievable are some nice words that described the latest rise in the price of Bitcoin and especially so when it was hovering for days at mo than $7000 and people were wondering if Bitcoin will be going down further to $6000 or will it break through the boring situation.

Then all of a sudden it made some burst even reaching more than $10,000 and people scrambled to find what can be the reasons behind the amazing surge. While there are those who linked the statement of China's president on the blockchain, there are also who are looking at the possibility that this movement is actually just manipulated.

Right now, Bitcoin is back at $9100 per CMC and seems to me like is taking some rest for a probable another big dip. Do you believe that this is just a manipulation and because of that it could not hold on to the $9000 price?

I am not quite sure, and I do not have any title nor in position to say this. But this is just a wild guess, so may be whales are those who are behind this sudden pumps. It may be their responsibility may be they don't want the market goes down to as have you said a boring situation. May be sooner because it is still October there are two months to count before we could close 2019, may be there will be a bull run who knows.

[gabbie2010]

So far, no one has cited any real facts of market manipulation recently, when bitcoin in two days grew in price by two thousand dollars. I also do not even see real positive news that could lead to this. The news from China is not so serious as to have such consequences in the cryptocurrency market. Although, let everyone remain in their own opinion. Someone likes to consider this increase in the price of bitcoin as manipulation, someone believes that this is simply a return of the price to the usual value for bitcoin.

It can be a coincidence that leads the BTC price pump this past few days same time china announces approval or interest in blockchain since price by that time is entering into new level going lower than $7k which can be also the time many wait to buy btc. However its been always a rumor about manipulation which is capable as long as we have tons of money to buy and sell btc.

I doubt it that  the sudden pump can coincide with the Chinese pronouncement, the movement of the price of bitcoin is always synonymous with any news around the globe both positive and negative news based on my own research, President Xi Jinping statement on blockchain technology made a big impact before it the price of BTC/USD was ranging between $7500 and $8500 the sudden surge was obvious aftermath of the pronouncement.

[BitHodler]

there will be crash manipulation when it is halving.

If we have to believe most people here, every single down move is manipulation, but when we pump back up hard people who call manipulation suddenly disappear, which just shows how pathetic they are.

No one has actually provided evidence of manipulation other than just flat out saying it.... words are not enough, not even when certain market movements reek of manipulation.

Back in 2018 CME's futures were blamed for manipulation, and now no one is talking about it anymore because we have a new peak and a new bottom, but the only thing missing is an entity to blame for it.

[senne]

There wasn't any influential news that could pump BTC by 3k. People are giving China the credit but that news wasn't even directly linked to Bitcoin. Pump was more of manipulated one. After the fall of almost $1k, there was an air of bearish reversal among the community. The shorts were on record high as people were expecting more bloodbath as the crucial support was broken. That gave manipulators enough incentive to eat out all the shorts by pumping the market. That's what has actually happened.

[adaseb]

Right now I am getting a little bit bearish from yesterday primarily due to the futures premium. In general whenever there is a discount or premium on the futures, it usually means that the herd might get wiped out before a real move.

Right before this 40% pump there was actually a negative funding on the bitmex futures. And right now for the past day or so there is positive funding and the futures premium is growing, normal when this happens means there are too many retail traders which are buying this move, going long, usually on high leverage and there are massive crashes.

So if we don't break the $10K by the end of the day, I might look for a short term short because the ~8000 area might get revisited, especially the $8800 support.

[Apes]

Naturally, if anyone suspects that prices have been manipulated lately, suddenly prices soaring 3K is not normal, after several weeks of downtrend. Prices are pumping because bitcoin has already touched the lower threshold, and investors are motivated by high demand to buy into it, and prices immediately soar. Sometimes bitcoin requires a trigger to pump or drop prices like this time.

[NewRanger]

I think that the downtrend was fake/manipulation. And with the unexpected help from China the upward pressure couldn't be stopped any longer.
Bitcoin is limited supply and the halving is near. Don't forget that.

there will be crash manipulation when it is halving.

manipulation in my opinion uncorrect word to describe price movement .investors have a tagline 'buy on rumor sell the fact ' and vice versa.so if we see suddenly bitcoin price drop or rise extremely in near time csuse they applied this concept.we have to learn and understand how it work in market.many traders get profits when use this strategy.manipulation just whales way to make beginner confuse about volatility in market.

[Oasisman]

I think that the downtrend was fake/manipulation. And with the unexpected help from China the upward pressure couldn't be stopped any longer.
Bitcoin is limited supply and the halving is near. Don't forget that.

The downtrend was caused by the skeptical people who doubt the capability of bitcoin to bounce back to a good figure like $10,000 anytime soon.
While on the other hand, I am still doubtful about China as the "main" reason for this pump. Though the statement of the Chinese leader showing interest in blockchain technology may somehow relates to cryptocurrency, but It wasn't the reason alone.

I'm still looking for the bigger picture towards the recent pump.

[Botnake]

I think that the downtrend was fake/manipulation. And with the unexpected help from China the upward pressure couldn't be stopped any longer.
Bitcoin is limited supply and the halving is near. Don't forget that.

there will be crash manipulation when it is halving.

Everyone who has the power to manipulate can crash the market, but would do this when the hype is on?

I think the remaining of the year is not anymore viewed as downtrend as bitcoin is a bit stable right now and we might again soon step in $10K again.
People will be more happy when the manipulated resulted to uptrend and this will help to make bitcoin more stable as investors might again interest to invest at the current price now, which will only make the support stronger.

[Wind_FURY]

I think that the downtrend was fake/manipulation. And with the unexpected help from China the upward pressure couldn't be stopped any longer.

And manipulators already started the last great we have as well, April to be exact and ended in June. So maybe they are just waiting for the perfect timing to pump the price.

Bitcoin is limited supply and the halving is near. Don't forget that.

Seven months to go and counting, still have a lot of time to accumulate.

But everyone is already expecting a surge after the halving. There might be a probability that it might already be priced in?

Prepare for it, but don't expect anything.

[Dart18]

It is possible.
They say the reason behind it is from the statement of Chinese President Xi Jinping about the blockchain technology which is a positive one.
But there is really no proof for it.
It could be another manipulation and if they are trying to time it then it was perfectly done after the statement.
We will see in the next few days, if bitcoin suddenly be dumped again then it could really be a manipulation.

[AliMan]

It is possible.
They say the reason behind it is from the statement of Chinese President Xi Jinping about the blockchain technology which is a positive one.
But there is really no proof for it.
It could be another manipulation and if they are trying to time it then it was perfectly done after the statement.
We will see in the next few days, if bitcoin suddenly be dumped again then it could really be a manipulation.

If that's a manipulation, it won't stay longer so the price might fluctuate again for another weeks which could cause price dips. I would love to hear or watch any video streams recorded from China's President who made the statement, if any source of it, hopefully someone could share that here now. For a purpose of fact checking, that could help provide some proof.