Although BlackRock has just purchased 1,388 BTC worth over $164 million — a long-term bullish signal — there are strong reasons to anticipate a decline in Bitcoin prices in the next 1–2 days. Here are the reasons:
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🟥 Why Bitcoin Prices Might Decline Soon?
1. Buy the Rumor, Sell the News
Large buying actions from institutions like BlackRock are often already priced in by the market.
When the news of the purchase breaks, traders may begin to take profits, triggering a short-term price correction.
2. Liquidity and Overbought
Currently, Bitcoin is at a strong resistance area around $108K–$109K.
RSI and momentum indicators across many timeframes are showing overbought conditions.
3. Market Distribution
Smart money often distributes after major announcements — retail FOMO, institutions taking profits.
Volume may taper off after the rally, paving the way for a correction.
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🟢 Stay Bullish in the Medium–Long Term
BlackRock's move reinforces institutional confidence in BTC.
ETFs like IBIT attract large fund inflows and limit long-term downside.
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🎯 Conclusion:
> A short-term correction is likely to occur in the next 1–2 days, before the continuation of the upward trend.
Short-term traders: beware of the correction.
Long-term investors: consider this a buying opportunity (buy-the-dip).$BTC