🔻 Factors That Can Cause BTC Prices to Drop:

1. Regulatory Pressure:

• Large countries like the US, China, or the EU issuing strict regulations against crypto.

2. Large Liquidations in the Futures Market:

• If many long traders face margin calls or liquidations, it could trigger a drastic drop.

3. Interest Rate Hikes by The Fed:

• Investors tend to move out of high-risk assets (like crypto) into safe assets.

4. Bad Market Sentiment:

• For example, due to news of hacking, major fraud (like FTX), or negative statements from global financial figures.

5. Massive Sell-offs by Whales (large holders $BTC BTC):

• For example, Mt. Gox wallet, the US government, or institutions selling their reserves.