-snip-
Anyway, whales is still playing in the market but hopefully to see some sign of life right before the end of the month, we are still not sure if the price of Bitcoin can go back to the price of $50k again, or we will continue this bear trend.
For all those who have been in the market for a while, this is absolutely not a new situation now. This was already the case in 2013, it was also the case in 2017 (e.g. the BCH "attack") and now it is happening again in 2021. However, one thing was the case in 2013 and 2017, which I am hoping for again now ... a massive last "leg up": Anyway, whales is still playing in the market but hopefully to see some sign of life right before the end of the month, we are still not sure if the price of Bitcoin can go back to the price of $50k again, or we will continue this bear trend.
Of course, the market sentiment is different now, for example, there are many more institutions on board. Nevertheless, I believe that we may see a repeat of the market patterns of 2013 and 2017.