📉November ended negative, and a whale is selling $BTC at a loss.

We closed November in the red, but December hasn't been encouraging either. The last month of the year began with a $BTC decline to the $85,000 region.

And so far, we haven't seen a buyback from buyers, which will likely lead the asset to support at $80,000, thus developing a negative scenario. It's too early to draw conclusions; we could very well see a rebound from $80,000, but that would require strong buyer activity, which we're not currently seeing.

Altcoins are also in a bleak spot; they fell 10%-20% following $BTC , and while there are no signs of improvement, their dominance remains around 60%.

🐋 Meanwhile, one of the whales sold their 500 BTC

In October, when BTC was just beginning to decline, this investor decided to buy back the decline and bought 500 BTC ($55.95M) at $111,899, but the asset ultimately fell much further. To minimize his losses, the whale decided to sell his coins at $90,000, realizing a loss of $10.5M.

#BTC86kJPShock #BTCRebound90kNext? #Whale.Alert #BTC #altcoins