The cryptocurrency market is not regulated in any way because there are simply no supervisory authorities. Therefore, there are more frequent signs of market manipulation.
For this reason, it is very important for beginner participants to distinguish natural market movements from direct interventions, so as not to fall into the trap of manipulators.
In this post, I would like to focus on direct intervention in trading and its influence on technical analysis.
For example: The Big Investors, By this type of whales, I mean really very large players, such as international corporations or countries.
These participants have practically unlimited financial and administrative resources.
Imagine that large investment funds such as Goldman Sachs or Morgan Stanley wish to enter the cryptocurrency market. They could very well request an article in the most reliable newspaper in the world about the economic collapse of cryptocurrency, or even try to lobby for a law that could complicate the rules for smaller market participants.
