$BTC $BTC $BTC

To understand why the market is dropping, we need to consider the psychology of the market makers. They know that there are two main types of traders right now:

1. The long-term holders, who bought Bitcoin (BTC) at its peak of $69,000 two years ago and are still holding on.

2. The wave surfers, who buy Bitcoin only when they see it pumping or going up fast.

The market makers are exploiting these two groups by creating a drop in price. Why? Because they want to force both groups to sell their Bitcoin either to cut losses or to protect their profits. Once the market makers have created enough selling pressure and forced many to sell, they can start pushing the market back up. This time, Bitcoin will be at a higher price, and these traders will have to buy it back at a premium, meaning they'll be paying more for Bitcoin than before. This keeps the cycle going, with traders buying at higher prices and getting stuck during the next big drop, repeating the process for years.

Think of it like a game of musical chairs: the market makers know exactly when the music will stop.

How can we be sure of this?

1. The price won't go back to where it started: The current pump began on November 5th, with BTC priced at $67,481. We should never see BTC drop back to that level.

2. BTC vs. Altcoins: Right now, BTC is dropping less than many altcoins. BTC has lost 7.99% of its all-time high in the last 5 days, while altcoins have dropped 15-20%. This suggests the drop is not over yet, but as the price gap between BTC and altcoins narrows, we should expect a reversal, with BTC eventually reaching a price range of $100,000-$110,000.

Stay updated for more analysis.

#Write2Earn! #writetowin #Write2Earn! #writetowin #Write2Earn!