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Bitcoin [BTC] analysis – Capital accumulation as a prelude to a new trend
And although this dishonest practice is heavily regulated or directly prohibited, as in the case of the United States, by Section 9-A 2 of the Securities Exchange Act of 1934, it is not uncommon for us to read in some article that Warren Buffett has said he is betting heavily on an asset, or George Soros recommending buying a certain currency.
That is why when we move to the new markets of cryptocurrencies, lacking such regulations, we observe that this type of manipulation has a green card to proliferate without anyone to investigate or sanction it.
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https://www.crypto-economy.net/en/btc-analysis-capital-accumulation-prelude-to-new-trend/