With whales robbing small investors, it will be difficult to convince people to buy, OP.
You got it right, with whales who knows more than those ordinary and small players, they are very good from how they've played the market.
Many different opinions are taking place from each types of traders and investors, you can find this bearish movements as opportunities but if
you are not careful you can also lose more once the whales dumped more assets and wait for weak holders to follow.
Its 26 months of bear market, a situation which never happened before in bitcoin's history.
I'm wondering if bitcoin will have the same destiny of gold and silver. These assets are in a eternal bear market since they were introduced to paper speculation.
Bitcoin now have paper speculation, like CME and BAKKT, and we are seeing the results. For the first time, bitcoin is not repeating the patterns from the previous cycle. Even the logarithm scale got busted.