๐ฅ Why is $BTC going DOWN? ๐ฅ
๐ Letโs face it: Many influencers will brush it off as a โnormal market correction,โ but itโs far from that.
๐ก As I mentioned in my earlier post, the crypto market is a playground for big whales ๐ who thrive on news-driven trades.
๐ฐ The biggest headline of 2024? Trump winning the election. This wasnโt just a coincidenceโit was a strategic trigger big players had been waiting for to scoop up Bitcoin and rake in millions in profits.
๐ฐ Hereโs the game plan:
Everything was pre-planned. Billionaires like Elon Musk allegedly lobbied for Trumpโs government, knowing the opportunities it would create. Trump, in turn, made promises around Bitcoin, ensuring the support of these financial titans.
โ๏ธ At the start of the year, major US financial firms even simplified Bitcoin purchases to pave the way for retail and institutional inflows. But hereโs the catchโbig whales are traders, not investors.
๐ What does that mean?
They enter when thereโs an opportunity, take massive profits, and leave behind a bearish trail. Most whales exited between $105K and $108K, cashing out at peak profits, triggering the current downturn.
๐ But hereโs the golden rule I follow:
Iโm not a trader; Iโm an investor. I donโt invest based on short-term charts. I invest when I believe in the long-term vision of a currency, project, or stock.
๐ Believe it or not, Bitcoin is the future.
โ Donโt panic!
If youโre trading on spot, stay calm. Even if youโre in futures, as long as your liquidation price is below $70K, youโre still in a safe zone.
๐ The key? Patience and confidence. Markets will recover, and Bitcoin will remain the king of the crypto world! ๐