I've heard both sides of the argument and to a certain extent, they both make sense more or less.
Thoughts?
Cryptocurrency is so volatile that every factor and aspect plays a role in the movement of the values of its assets. At the same time, it also controls the trends and movements of the market. So, it is hard to actually if there are people or entities behind the market that controls, although I think every market has those people who has the capacity to control the market because of the amount of asset they hold, I think that it's a different case for this market because it can't be controlled by only a few like in some markets. So even if it is being controlled, I think a majority of it is still being affected by other things that is out of one's control even if he has a large amount of coins or even money at his disposal.