I dont believe that. I believe that the price increases as a result of more demand and awareness that bitcoin is here to stay and that it is the best investment of this time. Country's like Japan, India, China but also lots of African country's are behind this increase. Not some dumb speculant investment companies. Why would they gamble on a 25% chance of succes? They dont have the muscle. It would likely be an another bear trap like before (24-02-2017). HODL now guys, MEGA bull run will start in a couple of weeks see the patern at 24-06-2016. Thank me later.
Look, to make this clear, i am at this point more on BTC and less on fiat. not to think i write this hoping to buy more etc... but the fact that i believe on BTC can't close my eyes to what is happening around, we have big issues and the BU is also an issue along with the Chinese exchanges, and of course the rejection of the ETF. We have seen bigger crashes in the past, with less believers but more strong one, today we have more people in the BTC area that only care about money. hope i am wrong but down we go....