@cryptoadvocate I’m not a analyst hence I don’t understand charts, but what I understand is sentiments and those sentiments were shaken when someone moved bitcoins from a 2009 wallet, and rumours began to spread that those were Satoshis bitcoins. However it’s not been proved those were Satoshis coin, and if you recollect before those coins were moved Bitcoin prices were in strong position to cross $10k levels, hence I feel that prices will rebound in the short term but till then every dip is a buying opportunity.

Source:

https://bitcointalk.org/index.php?topic=5249867.msg54467838#msg54467838