The development since late December shows very clearly what is happening.
The whales - and anyone else with half a financial brain - are slowly selling all their bitcoin. As they sell, prices begin to drop sharply. They then hold back on the selling and newbies and "HODL'ers" are foolish enough to "buy the dip". This sends the price back up.
It then repeats with rates dropping again, until the newbies and "HODL'ers" buy the dip once more.
Except on every round the dip gets deeper and deeper.
The game is over, and anyone so stupendously stupid to keep buying from the whales who are unloading are basically just throwing their money away.
Face up to reality, the party is over.
The game is not yet over, it is just starting. Yes some people buy when price dips and sell before the bubble bursts, but thats how bitcoin works, its just a cycle. However, the price decrease today is just one of those bitcoin experiences before and price will still increase and climb up more. There are a lot of news that bitcoin is dead but it is still surviving until this day.