Bitcoin just went through a heart-pounding price roller coaster! After soaring to a record high of $93,800, BTC price dropped to $87,000. What happened?
- **Whale and Miner Selling Party**: Crypto whales are selling their BTC, maybe to buy private islands? Miners are also joining in, some are even moving BTC from the Satoshi era! 😲
- **ETF Outflow**: After Trump's victory, investors flocked to Bitcoin ETFs, but now $400 million is out. Maybe they're looking for Black Friday discounts?
- **Overbought Indicator**: BTC was overbought, like someone who ate too many Eid cookies. RSI and MVRV say so.
What do you think, will BTC rise again? Let's discuss in the comments column!