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This is actually a good testament that the market is already more stable now. Back then, even without a sell-off, just a rumor that someone would dump a huge amount of Bitcoin was enough to trigger temporary panic. Pump and dump scenarios used to feel normal in the past, but now it doesn’t seem to happen as much - the market has shifted.
Could this be because of regulation and institutional investors stepping in? Would you agree?
I believe that regulation can have an effect on all of this, mainly because before there was that fear that BTC could be banned, and today that is no longer a reality
Institutional investments have brought a lot of money to Bitcoin's market cap. I don't know if this was good or bad for BTC, but obviously with more market cap it becomes increasingly difficult to bring prices down as it was before, like a crash
That's my opinion
but if you have anything to add, feel free. Do you agree?