🚨🚨 Reasons for bitcoin price to continue to drop:

Bitcoin has already reached its four-year cycle target, updating its price record.

The chart shows a double top pattern.

Long-term holders are locking in profits.

Retail investors are panicking and selling ETFs.

Old coins are now in play.

The U.S. and German governments are selling bitcoin.

In the coming months, Mt.Gox will return over 140k of BTC to former customers.

$BTC