Bitcoin has recently been heavily sold off by large funds!

In the past 12 hours, someone dumped 14.75 million dollars, with a net outflow of over 5 million, especially the million-dollar sell order in the afternoon that directly knocked the price down.

The technical indicators are also all showing red lights: a top reversal signal appeared on the daily chart, the short-term moving average has fallen below the medium-term line forming a death cross, and with the upward momentum weakening, it is obvious that the bears are gaining strength.

Now the main players are all running away, and it may drop further, so everyone be careful!

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