Kristofer Mallen oaJm

Bitcoin just broke below the $100k 📉 mark and yeah, it’s got everyone’s attention 👀 Here’s what’s really happening👇 1️⃣ Big players are taking profits. After the insane rally, whales and institutions are booking gains, adding massive sell pressure. 2️⃣ Macro pressure. Global markets are shaky. U.S. rate cut hopes are fading, bond yields rising again, and that’s making risk assets (like crypto) take a hit. 3️⃣ ETF outflows. Some Bitcoin ETFs have seen net withdrawals lately, which means less fresh demand and more BTC hitting the open market. 4️⃣ Overheated sentiment. Funding rates and open interest were sky-high. Everyone got too bullish, so a healthy correction was due. Bottom line this dip isn’t random. It’s the market cooling off after too much hype. Bitcoin’s still strong long-term, but right now it’s shaking out weak hands before the next leg up.💪 #BTCDown100k #MarketPullback #CryptoMarket #MarketUptober $BTC