Felt like that last sell down was a stop run to wipe away late longs. Lol. It really felt manipulated imho. And it wasn't something that could signal the start of a trend back down from the current range. But that's just me, I could be wrong.
US government won't buy Bitcoin for its reserve and US government will buy Bitcoin for its reserve all within 24 hours. No manipulation at all. Lol.
I don't think this august will be like other past august that always attracted bear run in the month of august, because there is no sign that there will be bear run in this month.The price has dump to $118k which is still good for investors to sell to make profit from the market, and even though they don't want to sell in this current price, the price will still going to pump higher before the end of august.
The investors that will be disappointed in this month are those that will be expecting the bear run to begin before the end of august, which it will not going to happen according to my statistics in this current price in the market. September will be the season bear run will showcase fully to allow buyers to start buying and hope for a better future.
The reason why it has dumped is manipulation through news which is not good for investors or traders. Big players control the cards and they are stacked against everyone else.