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.
Probably its over for those who bought at all time high and sell for a loss when btc fall sharply, and for those who don't know what bitcoin and blockchain is but for btc believer like me this is another good opportunity to add more at a much lower price. bitcoin have already fall hard several times and its always show resiliency over time.