There was a lot of data being manipulated that BTC is being manipulated by the whale or exchange but the fact that buying from the dip is never wrong to everyone and knowing the information is a gold for every small trader but , until know personally i dont know which data can be trusted . Like :
https://x.com/DefiWimar/status/2018767073329942893
Whila at current lower crypto fear and greed index source , this will lead retail investeor into selling , while the whale or professional traders can buy back BTC at a lower price.
And let say , the claims was 100% coordinated dump , it will lead those large exchanges being risk massive legal action. According to data , if 23,000+ BTC that equal to ($2 Bil) were truly "dumped" the BTC would not just crash but the entire global market would see a massive , violen "flash crash" and would be headline on every major financial news outlet , and the fact that it only being post at X , it might a huge red lines.
https://x.com/0xChiefy/status/2018962174933119181
While even this chart is truth about the bear market , the drop until below $40,000 is scary for it. Hopefully , the market will recover to gain next bullish momentum .
$73,000 – $75,000 is the support barrier area and if being break the next support would be at $70k to $71k . At current price , $BTC still can go down (my personal opinion) until the next support before it ll gain the momentum again. This will lead another bearsih to alt coin and other token that will follow its momentum .
I think thats all for today , let's talk about the market again later.
