Does anyone know the reason in these 2 days, why is the market experiencing a sharp decline. Will the red color continue, or only for a moment and then change to green. Give your honest opinion and knowledge. Let's discuss with a cool mind, waiting for positive news.
Thank you.
It seems that this is only market manipulation by the pope and has caused panic among traders and the whales have taken advantage. Honestly, the current market situation in my opinion is not good when viewed from technical analysis, I see a doji candle and in my opinion it still continues to fall. But that doesn't mean bitcoin won't be green, I think the current decline is only temporary.
After the whales left and got a profit, I think at that time the bitcoin situation would return to normal.
The BTC dump today was completely manufactured:
About 20-30 mins before the dump, a whale moved 25k BTC (worth $215M) to Coinbase.
LinkAbout an hour after the dump, a whale moved 14k BTC (worth $112M) from Coinbase to another wallet:
Link40 mins after that, a whale moved 11k BTC (worth $88M) from Coinbase to another wallet:
anchor15 mins after that, a whale moved 10M USDT from one wallet to another:
LinkSource for the original post