It's a good and fair article. Even without media manipulation, there's a huge amount of futures trading on high leverage which tends to pile up. Then, all that

It's a good and fair article. Even without media manipulation, there's a huge amount of futures trading on high leverage which tends to pile up. Then, all that is needed is a fuse and something spectacular will happen, either up or down. The author could have picked from a series of other dates, where seemingly relevant/important news to Bitcoin is revealed, and somehow...price action does nothing on those dates. Why not? Not enough leverage built up. So it's the nature of the trading making price so volatile. A small event can trigger a cascade of liquidations. To a skeptic, this would be a reason to reject the asset. To a long term holder, it doesn't matter as they don't trade. To short term traders, it's the way to make a lot of money quickly, or to blow up your account and lose it all.