Everyone thought there would be a Bitcoin bull market in 2020 and all the indicators and so on. We know whale wants to shakeout as much as they can. And this time the world situation is not good, whales use this panic of the Corona virus to manipulate the market. I hope the market will recover well after halving bitcoin.
It for sure the market will recover.
We've been in the hard times before and even suffered harder than this but still, we are able to recover away from that. And there is no reason why we have to give up and being hopeless this time.
Regarding whale's participation, I believe they are out of this. This is a global market problem and a pandemic effect resulting in the market to fall as all business suffered difficulties in their operation.