$BTC What is happening and why is the market falling?
We could spend hours debating and we would never know what happened.
BTC, also known as digital gold, is an economic asset in governments and large companies, while retailers watch as our wallets are losing hundreds of dollars. What do they think they are seeing? Millions or billions in losses of their assets; do they think they will allow BTC to lose value? I don't think so. They influence the price and force the market to fall in order to buy back at attractive prices and increase their BTC reserves.
Let's consider the situation where the largest BTC whale sells 100% of its assets; this would create a chain reaction that would collapse financial systems around the world. Governments would intervene to prevent total collapse before that happens. Don't forget that BTC is already well-rooted in the financial society; they are the ones most interested, so trust that after a significant drop, a surge will come that could take BTC to new all-time highs.