The current decline in Bitcoin is not a surprise to many, but it can undoubtedly cause fear for the most novices. The early arrival of the #halvingbitcoin and the atypicality of breaking ATH previously is just a pressure factor to drive the price. However, the decline may respond to: "short" positions of Ballenas to obtain profits and buy cheaper, nervous sales of newbies who enter with ETFs and of course, it is a correction that balances the upward path that may be presented given the decrease in the supply of new ones $BTC . The whales are definitely more active than ever. Negative opinions of Bitcoin by experts have decreased significantly, and the new condition of institutions currently present almost eliminates the concept of a "bubble."
These few days before #halvingbitcoin are crucial for the whales. Bitcoin is a highly sought after asset now and the supply is too little to satisfy the demand of the fish who are looking to have at least 1 bitcoin. Let us keep in mind that before ETFs, the oil powers of the Middle East were already very active in the crypto world and that the stability of the US dollar is increasingly being questioned. That's more fuel for the bonfire...
Now it's time to know if the whale season is for them to feed or for them to be hunted.