Institutional Bitcoin price manipulation CBOE futures

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
I’ve drawn on this chart to show you the big fall from the initial listing of the first CBOE             futures contract for Bitcoin             (XBT/F8) until it’s expiry date (yesterday). From $17,285 on 11 Dec (first full day of trading) all the way down to the contract’s settlement at $11,055 yesterday (a fall of 36%).
In the days following Dec 11 Bitcoin             recorded an all-time high before beginning said fall. Also, note trend line prior to Dec 11 showing a 4-week rally which saw Bitcoin             rise from around $5600.
Is it possible that institutional investors pumped Bitcoin             the month prior to listing the first futures contract, and for the few days immediately after which saw Bitcoin             hit an all time high? Such a sustained rally with such amazing gains for all entices lots and lots of new investors and it is my estimation that more went long than short on those futures contracts.
Is it a possible that following this many tactical sell-offs/dumps from said institutional investors resulted in the 36% fall and subsequently a WIN FOR CBOE? In my opinion, YES YES YES! Institutional money and power is endless!
The wall I have arrived at, however, is what comes next. Is the price the lowest they can drive it? And so, will the expiry of the XBT/G8 contract on Feb 14 see those who go long winners? Or in terms outside of the contract, those who buy actual Bitcoin             now and hold until contract expiry?
…Or is it nothing to do with the futures contracts at all?
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