BTC drives the market as a whole.  The FUD gets manufactured by journalists. They get paid to fuel a market crash.  The whales are looking at the market now because it has become bullish; however, at the right time, the whales will dump the market again.  Be careful.

BTC times have to state that history is not only a repetition of old tales but that it is a warning of the future. 

Who do you think the whales are? Companies! The recent attack on Bitcoin is due to several interests.  The whales continue to rule the game.  They are not letting up.  They are looking to buy more in the dip.

We negate the fact that with big companies involved, we lose control, to an extent. What is happening now is an important part of the history of crypto as a whole.

And, Elon Musk tweeted:  “I spoke with the North American Bitcoin miners. They pledged to make public the current and planned use of renewable energy and to ask miners around the world to do so. Potentially promising.”

Elon is clearly going to work to bring down the expenditure associated with BTC mining, and the rest is going to be history. The war is all set to begin.

FUD from Journalists about Bitcoin:  Analyst says to drop Bitcoin and never look back.  “I believe Bitcoin has a long way to fall from here. I think it will slowly grind down the slope of hope with a periodic dead cat bounce. As the technology is severely damaged, it is better to be the first one to sell into the bubble before the whole ship sinks.”

Why does a price movement downward lead to liquidations? Several investors will not be able to meet the margin requirements.  Thus, bitcoin whales profit from the excessive leverage, eventually manipulating the market leading to unexpected volatility eventually leading to retail investor positions liquidating.

The game plan of analyst information, which creates the FUD, is to short the price, eventually leading to 30 to 50% in position liquidations. After some key resistance, the price will further go down.

It just looks like journalists have a method of determining and establishing how much short the market should decide to move to.

Analysts also opine that “Bitcoin has exhausted its exotic catalysts and is under coordinated regulatory attack by governments worldwide. At this point, I don’t think there is anything that can save it from collapsing more.”