📉 Analysis of the reasons behind the decline of Bitcoin: Are big players manipulating the market?
The recent correction of Bitcoin has attracted widespread attention in the market, but this is not a simple "normal decline". There may be deep manipulation by big players behind it, as follows:
🏛️ Potential impact of Trump's 2024 election
If Trump is successfully re-elected in 2024, it will be a big news this year. This is not just a change at the political level. Rich people and large institutions like Elon Musk are also paying close attention to this event. Earlier, Trump's positive statement on Bitcoin drove the market up. Today, political changes may be an important reason for market fluctuations.
🐋 Whale Operations and Market Cycles
Big investors do not intend to hold Bitcoin for a long time. Their goal is to make profits through short-term transactions. Many big players choose to sell when the price of Bitcoin reaches the range of 105,000-108,000 US dollars to realize profits. This leads to a short-term decline in the market, especially for retail investors.
🔄 Market Cycles and Corrections
This decline is the process of big players gradually exiting the market. For long-term investors, this pullback may be a "good buying opportunity", after all, Bitcoin has historically rebounded strongly after adjustments many times.
📈 Bitcoin's Future Outlook: Opportunities for Long-term Holders
If you hold #BTC, don't panic. The Bitcoin market has its cyclical characteristics, and in the long run, Bitcoin is expected to return with a stronger posture. After each pullback, the market usually ushered in new upward momentum.
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