The theory behind Bitcoin, Ethereum, and General Cryptocurrency Crash is a cartel that manipulates prices directly through sales, amplified by a recent report on Medium. On the basis of the bitcoin price of the last months, it shows clearly how Bitcoin was massively sold at key moments and negative headlines were scattered in order to push the price further.
The fundamentals of the crypto industry are better than ever. Week after week there is news that other major companies are adapting the blockchain technology. That would have been almost unthinkable a year ago. We are all about adaptation in the mass market. And yet, the prices of key cryptocurrencies such as Bitcoin, Ethereum and Ripple have more than halved in recent weeks. How does it fit together? It seems to be a completely illogical development.
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