We have a lower high and bearish momentum developing after the release of the CPI numbers... I hope you are having a wonderful day.$BTC
Who controls the market?
There are many market participants but the big players are the ones in charge, responsible for, price action and price dynamics:
Professional traders and speculators are in charge of the market short-term moves and price swings.
➤ Whales (exchanges, insiders, nations, corporations and institutions) are in charge of the broader market trend.
➤ The industry terms and government regulations define the market cycle.
We have a lower high confirmed with growing bearish momentum, we have the potential for a lower low next.
Namaste