Is this just market manipulation?

So a few days ago, we heard the oil prices were gonna drop, and then suddenly the Strait of Hormuz reopens and boom, oil prices drop and the economy starts to pick up again. Even Bitcoin shot up to $78,000 right after that. Now, fast forward to today, and Iran has closed the Strait of Hormuz again, saying the US wouldn’t lift its blockade. Seriously? Feels like they’re just toying with the market like it’s a game. Why can’t they just sort things out and keep it open so the market can keep thriving? This seems like peak market manipulation to me. What do you all think?

If this continue, oil price may continue to rise on Monday, but we are still enjoying the weekend. This was what I saw about it on the news: Iran closes Strait of Hormuz again over continued US blockade of its ports, state media says But you should not be worried about bitcoin price, just relax. Bitcoin will never disappoints.

Do you even know that bitcoin does not work by all this in determining its market price, all that is happening are being influenced by the government and this does not have a direct impact on bitcoin market price except there is a coincidence as well, therefore if inflation is happening, bitcoin network does not got affected and don't be surprised that after all this is happening you will still discover bitcoin is rising until we made it up to over $80,000 market price this month.

Seems the war will still continue without any estimate time when it will end. Even if its manipulation, we don't know for sure and only following the market moves. Bitcoin will strong soon and no need to panic if the price down. It will be better to enjoy the rise of Bitcoin and sell if you want but as this is weekend, we should be careful with the correction.

This may be a joke for some but it is serious for most people in the country of the world. Gradually the price of every product is skyrocketing and people will lose their jobs and poverty will increase. Iran, which is under sanctions, will not stop its nuclear ambitions. The US and Israel will not let them fulfill their expectations. In this tension, there is a shortage of oil around the world and production is being disrupted and there is a shortage of materials needed for crop production. This may actually be related to market manipulation but for some individuals and institutions to earn huge profits, the economies of most countries in the world are at risk.

Market prices will always encounter fluctuations whether any actor try to manipulate the market. I don't think that the reopening of the strait of hormuz has anything to do with the price of bitcoin that pumped to $78k, it was just a mere coincidence. For the fact that Iran closed back the strait of hormuz is not even the reason why the price has also fallen. Besides, we can still see a resistance around $76k so if the closure of the strait of hormuz had any impact the price would have fallen below $70k.

Even on Friday this was hinted at, it is a clown show but no theres no joke.   You can see in the oil price on friday it stops falling and rising which is the start of doubts the price should be dropping, partly in anticipation of this news. The friday fail was a buy and its likely the case every major energy fall is a buy because no matter what the games they have and are playing still have destroyed oil production capacity.  For sure you know production days has been lost, also major damage has been done and the price of oil will average up as a trend for a year or more quite easily. Commodities were too cheap before war start in any case.   The market dynamics reflect the uncertainty and volatility, combined with cheap money which is still apparent and leverage in the market.  Its a traders dream to make money on both sides of disruption, its destructive to actual business and investment which is a negative not everyone cares about.

I partially agree that not all news actually affects the market sentiment right away but let’s be realistic that the market sentiment is seriously affected by any news which affects the economy and most especially news like war or similar news like closure or opening of the strait of Hormuz where 20% of the world oil or energy passes through. Energy is a significant part of the economy and any thing affecting it actually causes market volatility too. Opening and closing of strait of Hormuz can have its impact on bitcoin market price but I wouldn’t say as immediate too. But let’s not forget that there have been calls or reports of intention market manipulation during this war where before official announcements of certain things there is usually a very larger volume of activity in the market and Trump has constantly be rumored to have insiders who do this before. Overall bitcoin doesn’t chickens to every news easily but we cannot deny they do have impact one time.

I don't think what is happening at the Strait of Hormuz is market manipulation, it is a war situation and both sides are just exploring their options to gain negotiating power. I was thinking that Iran willingness to open the Strait of Hormuz will signal and end to the energy crisis that is wrecking the economy of many nations, but US refusal to remove blockades is what I don't know the reason because their reason for such was Iran's closure of the Strait of Hormuz. It is really hard to tell where we are going from here because from next week, the high energy prices will be back and that will not be funny.

A mere joke and they don't take it as a joke but a serious matter that they're having hard time to process it in their minds, well I'm speaking to these global leaders. The price of bitcoin is now down back to $75k after the announcement that the Strait of Hormuz is once again closed by the IRGC. This is a high level of manipulation where they have entered into war and play out with the lives of people.

You might be right cause Bitcoin would always be volatile so far demand and supply keeps reoccurring, but don't you think that the closure by Iran could cause some weak hands to panic and sell? I thought it's market manipulation becuse the price of Bitcoin has dropped after that incident from $78,000 to 74,000 before it got back to 75,000 as of now, you can correct me if I am wrong. Do you think it’s just a coincidence that the price dropped after the Straight was blocked?

There’s a high chance that this is a market manipulation but also it can be a psychological warfare of both US and Iran to show who’s in control with the Strait since both of them is claiming they can open and close at their own will. However, due to those shady bets on prediction market with huge amount specifically for this event to happened seems like there’s a big player behind that knew what will be the move of US and Iran.

It depends on our countries whether they make it easy for us or increase the price considering their government and expenses. Obviously, we should not pay much attention to it right now and we have not heard about the rising price of oil yet, but soon we may be aware of it, which can also bring problems for us. This news is absolutely true, the reason is that America has broken some of its rules, due to which Iran has closed the Strait of Hormuz again and 2 Indian ships wanted to enter by force, but Iran has warned by firing on it. This can make us get oil and other things more expensive and this can once again ruin the economy of our countries. Bitcoin sees us at only one price, which is why people are afraid, but it is disappointing us so far because the way people have bought Bitcoin, they have not got any profit.

I agree that the market will always be volatile regardless of whether or not there is manipulation. But I do not think Bitcoin is immune to the sudden closure of the Strait of Hormuz or geopolitical factor, and the price drop is not random. How many times has such a coincidence happened?  The Russia-Ukraine war, Trump's election victory, interest rates, and Bitcoin are all fluctuating at the same time...could it all just be a coincidence? Geopolitics impacts the global economy and global financial markets. Bitcoin is only a small part of the global financial market, it does not operate in isolation.

This is not a game like the children you think it is, but rather a tension that does not find common ground between the US and Iran where they do not like each other's demands, if something is not from the US to Iran then the Strait of Hormuz is closed again, from Iran to the US unreasonable demands according to him then the US will blockade again. I assume the US does not want to lose because it is a super power, while Iran does not want to submit they have many weapons that can fight back. The matter of affecting the price is definitely the effect on the global economy but you have to realize that bitcoin market fluctuations are like that when there is positive or negative sentiment this coin will follow its trend.

I would not call this market manipulation, but I would say that it is like imposing the burden of oppression on a large population of the world. There is no gain except increasing the amount of damage through war. Countries are under severe financial pressure and inflation is gradually being created. The people of the world have been kept in the dark about the war and its impact on the capital market is being affected by misleading news at different times. Perhaps a good news of a ceasefire will be available soon and the world economy will return to a good position as well as the price of Bitcoin will continue to increase. A group of profit hungry traders are making high profits from this opportunity, but overall the common people are more affected.

All these facts is what influences the market to be moving up and down without a direction, and yes we know that News really control the market that is why we shouldn't be that blinded and neglecting the news out there that could help you. From my own view bitcoin is just trying to bounce back to its previous price, but this could take long time to reflect back to where it was, maybe from next year and all these things that happening right away are the things that is really control movement and whatever that affects bitcoin automatically reflects to some other cryptocurrencies.

Perhaps an aunt would suddenly grow wheels and she'll become a bicycle and solve world hunger. This is not going to return the world economy to any position, sure, normalise energy maybe and that trickles down to everything else but normal was already what was stressing the economy. Bitcoin price increase? Can't see how that's related (isn't Bitcoin doing even better despite this Hormuz saga, for example?).

Where did you hear that there was an announcement that oil prices would come down? Iran's main weapon in defending itself is the strait of Hormuz. As part of the ceasefire (including the ceasefire in Lebanon) Iran would open the strait. Because Israel kept attacking Lebanon the ceasefire was not in play so Iran kept the strait closed, when Trump pressured his buddy to control his troops the ceasefire was declared in Lebanon so Iran as per the deal opened the strait. Trump in the meantime had placed a blockade on traffic through the strait to and from Iranian ports and kept it in place even though Iran opened the strait. Because the US wouldnt lift the blockade Iran then responded by closing the strait again. Iran is trying to adhere to the terms if the ceasefire but the US and Israel are not, its a game alright but its a very serious one. The markets are reacting and TBH I really dont see why, everything isnt all of a sudden back to normal, Iran has their 10 points they demand from the US and Israel in order to stop the war and the others side have 15 points and they are completely different. Do speculators not see there is a very long way to go yet?

It is very unfortunate but what can we possibly do? It is commonly said that when two elephants fight, it is always the grass that suffers the most.. I personally assume that Iran and US may not necessarily have any intention of manipulating the market, but the fact remains that their both actions is obviously taking a negative toll on not just the market but also on the economy and I really if those involved in this war (especially Trump) care about what ordinary people are going through.. Back here in my country, the government have done more than enough damage to the economy, making cost of living to be at its all time high, now the war is contributing to the hardship ordinary people are going through because fuel is now expensive, and this affects almost every thing, is the world really coming to an end?