If history repeats itself, bulls could drive out bears by the end of summer.

Why is there a $BTC sell-off? It’s a combination of factors, including the Mt. Gox incident, ETFs, halving, Germany, and more.

Coinbase and Kraken exchanges. A total of 2,700 BTC has been transferred from government wallets to exchanges in the past two weeks. All of these factors together have led to the market conditions we are currently seeing.