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If you don't know one of the BTC big holders, Greyscale is selling a huge number of BTC hence the supply in the market increases. And as we all know when there is an increase of supply, we can expect that price will decrease and that is what we see right now.
First a drop from $48,000 until it reached $40,000 yesterday and even today. That is why it is recommended to those holders to buy bit by bit as it might be possible that price keeps going down before we see a huge increase.
Keeps smart as we approach the date of BTC halving.
#TradeNTell $BTC
