1. 70% of BTC has been bought
2. It is at the end of a distribution.
3. It is expensive and scarce.
4. Normal people can no longer influence the price due to the current value of BTC.
So if it goes up, it is because a very rich group bought it.
5. Nobody bought BTC to keep it, but to sell it and make money.
6. 90% of people were not taught to have BTC, but to invest in BTC.
So everyone will want to sell at some point