Bitcoin needs a lot of volume to push it back again to the 29k -30k. One of the companies that holds a lot of btc was just liquidating its crypto. Im not even sure what's gonna be the future of bitcoin. I can consider spacex leaves crypto is bad signal.
We must be patience until market turns to be bullish again soon.
Things like this happen, and we have no control over their decision to dump their shares, still based on the article
Many technology firms and financial institutions continue to hold Bitcoin and other cryptocurrencies.
I'm surprised about what happened we all gearing up for a bull run because of the coming halving but if there are dumpers there are takers also so I expect massive buys in the coming weeks.
This is a good entry point for those who want to accumulate for the coming halving I'm trying to accumulate as much as possible because anytime we will soon see the price moving up again.