I think people are liquidating to get the funds move to ETF. Bitcoin was already priced in on the basis of speculation. Most investors were sure the ETF will be approved so they started investing in it and made good returns. Now they are liquidating but the long term investors are positive that 2024 will bring new highs for Bitcoin specially after halving. Safe trading 💚
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$BTC
I think people are liquidating to get the funds move to ETF. Bitcoin was already priced in on the basis of speculation. Most investors were sure the ETF will be approved so they started investing in it and made good returns. Now they are liquidating but the long term investors are positive that 2024 will bring new highs for Bitcoin specially after halving. Safe trading 💚