The people manipulating the price are becoming too predictable now. They trigger a massive drop in the price and people follow like sheep and start
dumping some coins. When the price drop between $600 to $1000, they quickly start buying again to turn things around and then they just wait for
the price to recover slowly to sell at a $600 to $1000 (per coin) profit. Rinse and repeat and you smile all the way to the Bank.
If it's so predictable, why don't you trade and profit from it?
How do you know it's
manipulation and not just
people selling? Investors often cry about the former because they are long and losing money but I see no actual proof of manipulation, just massive assumptions.
Just as often, I see selloffs (like October 23rd) that are completely rejected by the market. People who sold below $7,700 weren't smiling all the way to the bank, were they?
Who says I am not doing this?
I quickly saw the trend since the price dropped to $3000 in January and started buying coins again. (Took a lot
of balls to do that, but I invest in Bitcoin, knowing that it is a high risk investment option) So when it recovered to $12 000, I was ready to take
some nice profits. So, now I just wait for the drop and then I buy in again, knowing that it will follow this trend again. Even if I am wrong now, I
would still be in the green for many years to come.