Ualifi Araújo
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BTC and ALTCOINS are falling...WHY? (PART 2)
You might think: "So these big funds, managers, and companies are not really concerned about the #BTC and the Crypto Market? I would say YES, the majority of them are, but some others came here in the last year because they had in mind that Trump could win the Elections and they just wanted to ride that Hype, and naturally now that we have a consolidated Trump Administration and even though working slowly in Crypto, things are slower and those who came here for quick profits are leaving, going to something else that is currently rising, they always act this way, it's natural.
The exit of these players obviously creates even more selling pressure. However, as these Funds exit for one reason or another, things will calm down and those who actually came for long-term interest in the Crypto Market will remain, and they are the ones that matter.
We may still see a bit more volatility in BTC, but I think the WORST has already passed, of course we stopped at a terrible point on the chart, but given the massive sales we had from EXCHANGES, COMPANIES, AND FUNDS, it is surprising that we are still above $75k.
I will not mention the sales that were made by the MINERS themselves, because they use a different logic for their sales.
And why are we still at $84K? Because old big whales continue to accumulate whenever there is a good pullback, they are indeed diamond hands and continue to support the price throughout this situation.
So you might be wondering if everyone who left did so maliciously, and I can tell you that no, they did not, and I will give you more details in PART 3...
(I don’t care about engagement, but SHARE this if you can, it might help calm many people)
You might think: "So these big funds, managers, and companies are not really concerned about the #BTC and the Crypto Market? I would say YES, the majority of them are, but some others came here in the last year because they had in mind that Trump could win the Elections and they just wanted to ride that Hype, and naturally now that we have a consolidated Trump Administration and even though working slowly in Crypto, things are slower and those who came here for quick profits are leaving, going to something else that is currently rising, they always act this way, it's natural.
The exit of these players obviously creates even more selling pressure. However, as these Funds exit for one reason or another, things will calm down and those who actually came for long-term interest in the Crypto Market will remain, and they are the ones that matter.
We may still see a bit more volatility in BTC, but I think the WORST has already passed, of course we stopped at a terrible point on the chart, but given the massive sales we had from EXCHANGES, COMPANIES, AND FUNDS, it is surprising that we are still above $75k.
I will not mention the sales that were made by the MINERS themselves, because they use a different logic for their sales.
And why are we still at $84K? Because old big whales continue to accumulate whenever there is a good pullback, they are indeed diamond hands and continue to support the price throughout this situation.
So you might be wondering if everyone who left did so maliciously, and I can tell you that no, they did not, and I will give you more details in PART 3...
(I don’t care about engagement, but SHARE this if you can, it might help calm many people)
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
103,567.11
+0.10%