Does The Bitcoin Price Get Manipulated by a Third Party? Expert Exposes the Truth

Joe Consorti has dispelled rumors about the artificial holding down of Bitcoin prices in a recent research report that was shared on X. Consorti provides a detailed analysis of data on the blockchain, and identifies long-term holders’ normal behavior in terms of cyclicality. Profit-taking is also cited as a key driver of Bitcoin trading.

What is the current Bitcoin price?

The core of our business is to provide you with the best possible service. arguments Consorti address is the suspicion of “the boring period of consolidation” Hidden market forces may be used to manipulate the outcome. His words: “Claims of artificial price suppression is a gold-era argument that doesn’t work in bitcoin, whose ledger is auditable in real time, meaning we can see exactly who is buying and selling through their own node on the network.”

Consorti emphasizes that observers on the blockchain would see any attempt to cap Bitcoin artificially. Instead, the data points to a well-trodden pattern: after accumulating BTC in the lower price ranges—between $15,000 to $25,000—LTHs sell portions of their holdings into higher prices, redistributing coins to new market participants who continue bidding bitcoin upward. “This is normal. Those who held for years start offloading as price moves higher, transferring coins to new buyers stepping in to bid the price to even higher highs.”

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According to Consorti, Bitcoin has now entered its 100+ day consolidation range around $95,000—a stretch he compares to previous multi-month consolidation phases that eventually resolved in major price expansions.

This research offers a look back at the behavior of LTHs during previous price increases: “LTHs accumulated BTC from $15k to $25k, before selling to new market entrants (short-term holders) who bid the price up to the next ‘step’. They did the same from $25k to $40k, from $40k to $65k, and from $65k to the ~$95,000 range we find ourselves in now.”

Consorti observes that LTHs are now net accumulators. The shift may be slight but he believes that this is a sign of consolidation at the tail-end before another breakout.

A recent Ethereum transaction of $1.4 Billion was also mentioned by the researcher hack on Bybit—allegedly the largest in crypto’s history—as a factor momentarily knocking bitcoin off an attempt to break out of its falling wedge pattern. Consorti states that bitcoin’s price only dropped 1.75% despite market turmoil, which is proof of the BTC leader’s dominance. “outright strength” The correlation between crypto-assets and broader assets is decreasing.

Consorti predicts the falling wedge will be the most significant factor. “resolve itself by the first week of March,” Barring any additional black-swan events. He warns, however, that the current Bitcoin consolidation zone could extend beyond 101 days. “maximum pain in the market” It could extend up to 236 consecutive days. This would be similar to the long consolidation period of last summer.

Consorti is also a reference to the possibility impact of President Trump’s working group On Bitcoin, the group is expected to make a decision on whether or not a Strategic Bitcoin Reserve will be viable by the end June. Should a final decision come sooner, he suggests it may provide a major spark for the market—either bullish or bearish, depending on the outcome.

Once viewed as an anomaly, the inflows of ETFs into a specific fund are now regarded as normal. main propeller Since early January, the price of Bitcoin has decreased. Although they still show 7–8 figure daily inflows, these are down significantly from the 9–10 figure levels that occurred throughout last spring and fall, hinting that other market forces, such as institutional and on-chain dynamics, might be more influential in this cycle’s price movement.

Bitcoins’ dislocation as a currency is also a topic. global M2 money supplyThe price was tracked by with uncanny precision for over 18 months. This correlation was broken when M2 global suggested that bitcoin would experience a more severe downturn, but BTC remained at $95,000. Research suggests that Bitcoin’s next upward leg could align with M2 now that the US dollar is weakening.

If you compare Bitcoin’s current trajectory to that of gold and there is a lead of 50 days, it implies the same thing. “point to an upside resolution”This is less accurate than M2 correlations. If the trend continues, it is plausible to push toward $120,000.

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Consorti finishes by focusing attention on the ever-changing landscape of US Treasury’s (UST) demands. Major foreign holders such as China and Japan have progressively reduced or flatlined their positions—China’s holdings have reached a 2009 low of $759 billion, while Russia has fully exited, and Japan remains at $1.06 trillion for 13 years. “It’s not just China. Russia has fully exited USTs. Japan, the largest foreign holder, has been sitting flat at $1.06 trillion for 13 years.”

While foreign demand is waning, the US Federal Reserve is stepping up to fill in. Its market share has risen from 22% of all outstanding USTs in 2008, to 47.3% as we approach 2025. A new player has entered the market, stablecoins. They hold around $200 billion worth of Treasuries in order to back the dollar-pegged coins. Consorti claims that stablecoins are in high demand. “Could lower long-term interest rates. The proliferation of stablecoins and their use of Treasuries as a reserve asset means they’re functioning like an entirely new foreign central bank.”

He claims that stablecoins ensure fresh demand, which helps the US Government offset its declining foreign participation and maintain its borrowing requirements. White House AI & Crypto Czar David Sacks has publicly echoed this perspective, saying stablecoins help maintain liquidity for US debt.

BTC has traded for $95,645 at the time of this press release.

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