If you don't know.
Bitcoin price action mirrors 2019 ‘Xi pump,’ are new BTC lows incoming?

It is just the news for you, but I disagree with the news title because 2019 is a bearish year, and 2025 is a bullish year. The writer tends to spread fud and make inexperienced people in the market panicly react.

The common thing between two pumps is they are from National Leader effects on national policies on Bitcoin and cryptocurrency market as well as blockchain industry. The bottom line is more simpler than that, do you see China has any progress years after the Xi-pump?

Think about it with Trump-pump.

Honestly I did not know the first article and I only see it when I tried to search for Xi-pump for sharing it to you. Someone already connecting the dots, but attaching some perhaps 'manipulative' initiative to spread fear.

I think there is nothing interesting about what is happening recently. Something that is like manipulating the market is not interesting at all.

Bitcoin dropped below $78000 before a support that it was not able to drop below for this time.

Newbies are neccesssary elements in the market and in each new market cycle, they are people who are like vitamins and helpful for market growth especially in Euphoria phase for Bitcoin to top off its ATH.

Newbies are big in number and they are able to bring very good new capital into the market so their capital will be very helpful for lifting up the Bitcoin demand, hype and its price can raise consequently.

Newbies have common impatience and lack of knowledge, experience so they are most vulnerable people in the volatile market. News, FUD can easily beat newbies down in this market, but there is market liquidation can bring more pains to newbies.

https://hodl.camp/
https://www.bitcoinmagazinepro.com/charts/bitcoin-profitable-days/
https://charts.bitbo.io/yearly-candles/

Three charts that hopefully can help newbies understanding more and better about Bitcoin market, its cycle, and have stronger belief, more patience and better ability to hold their bitcoin.

We’ve seen this episode before, with Elon Musk and Tesla, having to announce on his tweet that, Bitcoins can come in for Tesla, that was before the climate change theory of it struck but then, we saw Doge. Some means to influence investor decisions right. Investors learned eventually.

Here yet again, we have Trump pushing similar narrative and this time, it’s a lot different, it’s from a president of the US, then we had the Trump coin. Soon, we would find people having to learn too. No matter the tweet, you still wheel how your investment goes.

Musk manipulating Doge to oblivion and beyond, Trump launching his own pump and dump Shitcoin, they do match and unfortunately it can be a disastrous match at the end of the day.

I do fear the next four years will be of full on manipulation.  Now, I honestly do not know if we should take the announcement of a Bitcoin reserve as manipulation.  We were told by Trump he would do something like this.  It was a thing he campaigned on and a lot of Bitcoiners ended up voting for him particularly for the better future of their own finances.

You will see whether it is a manipulation or not in the following months most likely.  If they keep juggling the decisions about Cryptocurrencies around like some clowns at a circus, you will know it is all strictly a scam and nothing more.

newbie emotional traders will panic at the fud or fomo.. and within hours the whales will manipulate the price back into range of their future contracts target to(undoing any 25% swing)

the manipulators are the ones calming a volatile market. they want the price to be at X for a week or month to win their futures options contract price

emotional traders push past the whale manipulation on a knee jerk collective reaction. causing the whale manipulators to correct the temporary knee jerk

once people realise bitcoin is meant to move and these slow movement times are not the norm. people should fix their emotions and flip their mindset to understand bitcoin more

bitcoin is suppose to be volatile and move as a natural experience.. stability is the odd/unnatural experience

there have always been times when whales use "walls" to make the price stagnant in not pivotal times.. when then when they remove the walls we see the price be natural and wild
..
what if i told you that this season.. there are miners that can mine 1btc for $60k(slavic region of planet)
what if i told you that this season.. there are miners that can mine 1btc for $360k(pacific islands of planet)

so there are a large range of sellers willing to sell anywhere between this weeks ~$90k.. and could bring it down to $65k and still profit
so there are a large range of buyers willing to buy anywhere between this weeks ~$90k .. and could bring it upto to $350k and still feel its discounted

so that wide window of speculation is why bitcoin is volatile, it has a wide potential the price can move between.
so seeing the price 'stuck' is when people should feel the price is manipulated the most
so seeing the price move just 25% is when people should think, 'still boring'

...
if your looking at the days price as a whole chart length, trying to look for patterns.. zoom the hell out
if your looking at the days price as a whole chart length, getting emotional of the price.. zoom the hell out

Surely Bitcoin is becoming manipulative this days, although Bitcoin is a speculative and a volatile asset that can changes in price Over time due to some reasons which market sentiment or rummor  is one of them, but this days the market is being manipulated. But I don't blame Trump or his speach that made people to add or pull liquidity to Bitcoin, but rather I blame this new era Bitcoin investors who allow themselves or their emotion to be controlled by a mear speach. My concern is that if people continue to buy Bitcoin only when there is a positive speculation and sell when there is a negative speculation then Bitcoin is likely to be manipulated. Bitcoin was not meant to be controlled by any body or group of people if not it will become a manipulative asset  but people are gradually pushing Bitcoin to be controlled by government or centralized entity as a medium of making money since Bitcoin is not centralized. Because Elon musk may also comes up one day and want to control the market, then he will also come and proclaim to deploy his own Bitcoin strategy to follow suit with microstrategy or Trump and Bitcoin will zoom like a train and he may decide to post a negative feedback and Bitcoin falls and he may buy in bulk and post a positive news, and Bitcoin will rise and he will pull out liquidity and market will dump. Am afraid that is what I am beginning to see.

That was the classic bump and dump, but something weird happen this time, there was a big amount of money involved this time, and we are talking about billions, something close to 300 billion dance in the market for this move, and that's an insane amount of money, we are talking about someone who has enough money to start a war.

And the question here is who were the whales behind this insane move? We can be sure someone ends this bump and dump with a lot of money in the pocket. 

If the recent BTC price movements were a manipulation, who benefited from this manipulation the most?
The BTC price dropped from 95+K to 78K and then if got pumped back to 93K for a while(because of the crypto reserve announcement) and then it dropped back down to 83K USD. Who benefited from this? The crypto whales? The big crypto exchanges? Someone else?
I think that the markets are simply reacting to the whatever news are coming from the White House. The markets reacted negatively on the new tariffs for China, Canada and Mexico and the crypto markets reacted positively on the crypto reserve announcement. That's all. There's no conspiracy theory here.