$BTC Positive news has landed, but why did Bitcoin drop?
It’s truly a sight to behold! After signing an agreement with Dongda, the stock market soared, yet Bitcoin plunged in the opposite direction, leaving many people bewildered! What’s really going on with this operation? The reason for Bitcoin's recent drop boils down to a few 'hard truths'! Firstly, **positive news has turned into negative news**. The long-awaited agreement has finally been realized, and all the good news has been used up, with no new hope in sight in the short term. Many seasoned traders decided to exit for their own safety and secure profits. However, there’s no need to panic; the market hasn’t revealed any major issues. Bitcoin is now hovering around $100,700, and there’s support at $99,000, so it won’t collapse immediately.