> "Things that go up for no apparent reason can come down for no apparent reason." Many of the previous sharp increases do have explanations, e.g. the $150 to

> "Things that go up for no apparent reason can come down for no apparent reason." Many of the previous sharp increases do have explanations, e.g. the $150 to $1,500 rise was largely due to manipulation by the Willy and Markus bots[0], the $10,000 to $20,000 rise was largely due to manipulation by Tether and Bitfinex[1]. Will probably take a while for the dust to settle to see if any manipulation was responsible for the recent rises. [0] https://www.investopedia.com/news/bots-drove-bitcoins-150to1000-rise-2013-paper/ https://www.investopedia.com/news/bots-drove-bitcoins-150to1... [1] https://cointelegraph.com/news/research-tether-bitfinex-manipulation-reason-behind-2017-bitcoin-price-highs https://cointelegraph.com/news/research-tether-bitfinex-mani...