There is much speculation about Bitcoin prices being manipulated, with the mainstream media and Asian bans FUD, Wall Street investors using futures contracts, and tether subpoena.
This is an unregulated market and one can at least entertain the idea that the price has been manipulated to appear nearly identical to the generic "bubble" chart.
However, now with the yearly Asian New Years crash behind us, Korea reopening exchanges for regular trading, and tether continuing to be issued, even though they had a subpoena in December of 2017, we appear to be moving sideways.
The mainstream media is just now reporting the tether FUD, and may cause a final dip, but I suspect buy interest will be too high to keep the price under 10k for long. As long as the price stabilizes at 10k for a sustained period, buyers will come in, and any potential manipulators know this.
This is an unregulated market and one can at least entertain the idea that the price has been manipulated to appear nearly identical to the generic "bubble" chart.
However, now with the yearly Asian New Years crash behind us, Korea reopening exchanges for regular trading, and tether continuing to be issued, even though they had a subpoena in December of 2017, we appear to be moving sideways.
The mainstream media is just now reporting the tether FUD, and may cause a final dip, but I suspect buy interest will be too high to keep the price under 10k for long. As long as the price stabilizes at 10k for a sustained period, buyers will come in, and any potential manipulators know this.