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.
Its normal for the whales to unload their coins and thats the main reason why price drop sharply but as they unload their coin slowly many new hands are catching it and that makes the number of bitcoin small time holders increase their numbers and once the whales are over unleashing their coins what happens next? the price may again going up slowly as whale again start buying that is how crypto trading works it just only a cycle of ups and down you need to find your good entry point so you may not left behind or losing your money. as the crypto market sharply increase i doubt bitcoin would be over we already show how bitcoin become resilient and it happen several times and may still happen in the future.