Simon Navore

#BTCDown100k O Bitcoin has just broken the $100k mark 📉 and yes, this caught everyone's attention 👀 Here’s what’s really happening👇 1️⃣ Big players are taking profits. After the crazy rise, whales and institutions are securing gains, adding massive selling pressure. 2️⃣ Macro pressure. Global markets are unstable. Hopes for rate cuts in the U.S. are fading, bond yields are rising again, and this is causing risk assets (like crypto) to take a hit. 3️⃣ ETF outflows. Some Bitcoin ETFs have seen net withdrawals recently, meaning less new demand and more BTC entering the open market. 4️⃣ Overheated sentiment. Funding rates and open interest were at all-time highs. Everyone got too optimistic, so a healthy correction was necessary. In summary, this drop is not random. It’s the market cooling off after a lot of commotion. Bitcoin is still strong in the long term, but it’s now shaking out weak hands before the next rise.💪 #BTCDown100k #MarketPullback #CryptoMarket #MarketUptober $BTC BTC 102,099.99 -4.33%