đ Why is Bitcoin dropping? Has it happened before?
For the past few days, Bitcoin has been losing value and has just touched 97,000, with a low of 94,560. Many are panicking⊠But if you look closely, this is not the first time.
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đ Back to the past: a pattern that repeats?
âĄïž *May 2021*: after reaching 64,000, BTC collapsed to 30,000.
âĄïž *November 2021 - June 2022*: from 69,000 to 17,000 â a brutal descent.
âĄïž *Today*: after a peak at *116,400 $* (local), it plunges again.
This behavior is classic in crypto: *strong increases â healthy corrections*.
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đ§ What you need to understand:
âïž Large holders (whales) sell to cash in profits.
âïž Technical indicators (like MAs) show a downward trend.
âïž Market fear (FUD) drives small investors to sell in panic.
