Analyst Raises Red Flags On Bitcoin Price: Allegations Of Market Manipulation

As investor anxiety grows over the possibility of a new bearish cycle, the case for Bitcoin (BTC) to resume its halted upward trajectory has gained significant traction among top market experts. Market analyst Ash Crypto recently highlighted several key factors, including demand and supply dynamics, a surge in US equities, and increasing inflows from exchange-traded funds (ETFs), suggesting that the current market conditions could favor Bitcoin’s resurgence. Market Makers Accused Of Manipulating Bitcoin Prices In a post on X (formerly Twitter), Ash pointed out that while US stocks are reaching new all-time highs, Bitcoin has struggled to break above the $117,000 mark, currently consolidating between $110,000 and $115,000. He argues that this situation is not indicative of weak demand, but rather the result of an alleged situation that is gaining strength among analysts: manipulation by market makers and exchanges source: https://www.newsbtc.com/bitcoin-news/analyst-raises-red-flags-on-bitcoin-price-allegations-of-market-manipulation/