Colleagues, what is your opinion on why there is currently a downward correction in BTC? Does anyone have any significant assumptions?

I mentioned earlier that the market has become something completely unpredictable over the last 2-3 weeks. Honestly, just a month ago, you could somewhat predict the movement, but now everything is quite complicated.

I wouldn't say that I see myself as a beginner or a 'hamster'; I have probably passed that stage, but I am aware that there is still much I don't know and I have a lot to learn.

Of course, I only trade on spot, and I very rarely use margin (just to bring some capital into profit if I entered a trade on a dip).

But I will say - right now I feel completely powerless and confused.

There was chaos everywhere in terms of news - it started to rise, good news was coming in, and now it needs to pull back...

To be honest, I said that the price of BTC would reach a maximum of 98-100 in 2024, as you can see, I was wrong. When it reached 104, I thought, 'That's it for sure,' but it boldly jumped to 108.5 - so I'm not surprised if it reaches 130 already... or 230... and even if it suddenly drops to 50 or 60, I wouldn't be surprised either...

It was just a moment; I wrote about my feelings regarding this.