Pump & Crash of Bitcoin: Analysts denounce blatant manipulation
The alleged manipulation of Bitcoin's price returned to the center of the debate following an abrupt movement that shook the market. This Wednesday, BTC briefly surpassed $90,000 before reversing sharply, erasing the gains in less than an hour. The episode occurred in a context of prolonged weakness, high volatility, and sustained selling pressure from experienced investors.
The speed of the rebound and the subsequent fall raised doubts about the naturalness of the movement. To understand whether it was manipulation or a market reaction, it is worth analyzing the factors behind the episode.