#MarketCorrectionBuyOrHODL 🔍 Why is Bitcoin falling? Let’s dive in!
Many will tell you it’s just a “normal market correction,” but let’s cut through the noise — it’s not that simple. 🧠
As I mentioned earlier, the cryptocurrency market is heavily influenced by big players (known as whales) who take advantage of news-driven catalysts. 🐋💸 The biggest catalyst in 2024? Trump’s election win.
Here’s the scenario:
Whales have been waiting for this very moment to pump up Bitcoin prices and make huge profits.
Billionaires like Elon Musk backed the Trump administration, knowing that promises about Bitcoin would serve their interests.
Through strategic pressure, financial firms facilitated the purchase of Bitcoin at the beginning of the year, creating the perfect setup.
📉 Now, the whales’ exit plan:
Most big players are traders, not long-term investors. They entered the market around $70k and planned to exit between $105k-$108k, to lock in profits and trigger selling.
This led to the current downtrend, leaving retail investors in a panic.
But here's my take: Don't panic. 💡
I'm an investor, not a trader. I invest when I believe in the long-term potential of the project, not in short-term charts.
Bitcoin is the future - period. 🌍💎