BTC Market Manipulation Suspected Following Downward Push

• CrediBULL Crypto suspects that BTC’s latest price drop appears to be a deliberate effort to manipulate the market.
• The analyst predicts that BTC’s price may rise again soon to as high as $27K.
• Two significant bearish flags were on the verge of being triggered on BTC’s daily chart.

The recent downward movement in Bitcoin (BTC) price appears to be a deliberate effort to manipulate the market in a negative direction, according to a post shared by the cryptocurrency analyst CrediBULL Crypto. This came after a noticeable and verified accumulation phase took place over the past few days.

We had clear, visible and confirmed accumulation occurring in the green square.

This latest push down looks to be manipulation to the downside (red square) prior to expansion to the upside.

27k incoming imo. $BTC https://t.co/78o9iyIYRI pic.twitter.com/9uSdhLtQK4

— CrediBULL Crypto (@CredibleCrypto) September 25, 2023

Data from the market intelligence platform, Santiment, indicated that MicroStrategy was one institutional investor that decided to take advantage of the buying opportunity to stock up on BTC. According to an X post shared by Santiment yesterday, MicroStrategy…

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