As BTC is dropping now I feel this is a good opportunity to buy and sell for short-term there are lot of news coming across as miners are selling and this could be the reason for drop in the other hand institutions are investing money in BTC.
From $42000 range to $29300 is about 30% pull back. Is this what people discussed a lot in past one month? Yesterday, they had such great opportunities to buy up the dip and wait for few hours, days or weeks to enjoy the ride back to the bullish track. They only say they will follow the famous guide from Warren Buffet but they never apply it.
As biden is planning for a change in SEC I hope this could boost the market in upcoming days and the possibilities are more for a good movement in BTC, share your thoughts.
SEC have policies that are changed under different Presidencies so let's skip them. Bitcoin in history moves up and down with news, with policies and with halvings. The last one is most important as each halving will bring bitcoin to massive media and more adoption occurs after every halving.