Why is this drop happening? Many new members of the cryptoverse will be wondering what is going on?
I explain to you, recently in a conversation with several market analysts, we came to the conclusion that this was going to happen. There is no rise that does not have a return. Everyone talks and says that when Trump takes power, the coins will skyrocket, and that's not the case; they have already risen as much as they were going to rise.
I explain to you, THERE is a general principle for you to do well, which is Buy the rumor, sell the News. The rumor existed before the elections; now the real investors are already selling and taking profits. To show you that I’m not talking nonsense, I will share a trade where I entered short with 15x isolated on BTC at 101k, and I’m confident it will reach 87 and then 45k. Remember, the market will always make corrections; it's normal. While it drops, it will trend upwards again, but long-term, or at least in the last 4 weeks, it is bearish and by a lot.