It is evident that once Bitcoin surpasses $100,000, many people who entered the market during the bearish phase and believed in the project will decide to take profits, which is completely natural. The recent drop in price below $90,000 could have been caused by a whale, who withdrew a large amount of liquidity from the market. However, it can also be observed how ETFs have been absorbing that same liquidity, reflecting institutional interest in the project.
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