What can we learn from this?
This potential Bitcoin manipulation and Wyckoff insights raises a question if crypto markets should be regulated more. How that regulation should look like it is something to think about. The blockchain market can potentially offer solutions, for example, by creating a global DAO (Decentralized Autonomous Organization), sort of a United Nations of crypto market, but which is based on principles of transparency, decentralization and democracy.
And the obvious lesson is: be very cautious and when investing do everything to manage the risks and stay in a winning position no matter what.
Below you can learn more about Richard D. Wyckoff.