Whales knew that everybody is waiting for price up and they just did opposite down market by selling their holdings.
Reason for Down:
- BCH fork. (BCH abd and BCH sv is formed where hash war happened. created panic in market)
- Bakkt delay, it happens after drop. Whales knew something will happen like this.
- India Fud China FUD Korea FUD
Btc had seen its down to 70% 80% but came back strongly.
We will cross high next year.