I feel the whales has got something under there sleeves which may playouts later on, I have wondered during the bull run when everyone has been buying? Who's selling at that point? And now seeing the ranges I can only suspect a priced in market so the anticipated fast move may not be happening any sooner again, what are your taughts?, lets discuss.
People who has the fund and the courage to play with the Bitcoin market often times create a strategic selling in order to make more profit. If you are asking who are selling in time of the bull run, it is obvious that people are taking profit. For example, when Bitcoin reaches $100k+, traders who bought Bitcoin at lower price is surely selling to take profit. Sometimes there are instances where huge holder of Bitcoin make strategic sales in order to pull down the price of Bitcoin and later on buy at a lower price to either bag a profit or bag more Bitcoins.
About the inauguration of Trump and its effect on Bitcoin, I believe Trump had been one of the icons of Bitcoin since he is so open in supporting Bitcoins and his inauguration will surely give hype to the Bitcoin market. We have already experience an increase of Bitcoin price while the inauguration of Trump is getting closer.