Bitcoin has been experiencing consistent declines shortly after the U.S. market opens, with today's session seeing the cryptocurrency erase gains made over the past 16 hours within just 20 minutes. This pattern, observed since early November, has raised questions about potential market manipulation. Speculation centers around Jane Street, a major high-frequency trading firm, as a possible orchestrator of these movements. The firm is known for its ability to execute rapid trades and manipulate market liquidity. The alleged strategy involves selling Bitcoin at market open, driving prices down, and then repurchasing at lower levels, a process repeated daily. Jane Street reportedly holds $2.5 billion in BlackRock's IBIT ETF, making it a significant player in the market. These actions suggest that recent Bitcoin price drops may not be due to macroeconomic factors but rather strategic maneuvers by large entities. Once these players complete their buying, Bitcoin's upward momentum is expected to resume.