Some analysts explain the recent decline of Bitcoin price by the Wall Street investors, who tries to enter the market massively for a discount price after the first future contracts expired January 26.
What do you think?
Well, if Wall Street investors are trying to enter the market to get bitcoin at a discount they weren't involved in the decline. If there was a dump of bitcoin to try to initiate a lower price point, it could have been done by anyone and most likely by someone who is NOT on Wall St. because you'd need a lot of coin to make it happen, and an early adopter would better be able to have that kind of coin.
The reality is that the recent addition of futures to the CME and CBOE has not had an impact on creating more volatility of the price. It has required that futures contract investors own and hold bitcoin. And anyone that owns and holds bitcoin can eventually sell it. But the volatility of futures contracts has zero direct impact on the volatility of buying/selling for bitcoin. Why? Because futures contracts don't hit the blockchain.