Is the drop and rise a message ?

[Kate]

So we have seen Bitcoin going from 4000$ to 3600$ or even 3200$ and then rising back up again and then dropping I guess the drop and rise between 3200$ and 4000$ happened like around 4 or 6 times in the past days.

Do you guys think that there is a message behind the drop and rise of Bitcoin ? 

I feel that the market is being controlled by a person who is controlling the market and telling us in an indirect way that we should buy the coin at the 3000$ mark no exact but eg 3200$ since maybe he or a group might use their efforts to rise the price. 

[williamshennie9]

The bitcoin market is dominated by "whales" who control the bulk of bitcoin that exists. They ultimately control the market through their actions of buying and selling. So you are not completely wrong to think  someone (or a group of people) is controlling the market.

[catheyar]

I was thinking wisely when  I read this post, this seems to have a point on whats going on in the market right now. Maybe I will now store litecoin or bitcoin at lower price.

[Etude]

Well it is definitely within the realm of possibility for the constant price changes/flunctuations to be a means for those who has more control over the market to make profit off the situation.

[irawk0]

I believe it's to make people think BTC has stabilized around the $3600-$4000. Either a way to make crypto more widely accepted in stores or to lure people into investing in it and then mass-dumping on them making a profit. Sincerely hoping it's the former though because it'd suck if BTC dropped even lower  

[bmg]

  I don't know what to think about this because after reading a lot of interesting articles on bitcoin I have come across a few  that have said that there are hidden messages in a lot of this that are bitcoin related.  You never know what crazy things people do. 

[jualid]

Maybe, who knows but i agree with william, i think it's just some 'whales' that control the bitcoin market right now.