In the last 24 hours, the price of $BTC BTC has dropped by approximately 4%, settling around 97,000 dollars. It is important to note that this drop is due to several factors:
🔥 Voting at Microsoft: Microsoft shareholders refused to allocate part of their assets to Bitcoin reserves.
🔥 Movements of large holders: traders who have held Bitcoin for 6-12 months have made significant moves of their holdings, selling approximately 179,000 BTC between December 4 and 7. Major institutional players have sold all of their cryptocurrencies as soon as BTC reached the price of 100,000 USD.
🔥 Relevant macroeconomic factors: uncertainty in the global financial market and institutional sales have also contributed to the price drop.
What expectations do you have in the short and medium term? Do you think the price of Bitcoin will continue to drop?
