Whales taking profits

After the nice run of Bitcoin the last months, it has now dropped more than 5000 $ in value since it’s all time high. This is of course very normal and is furled by whales and also smaller players taking profits. I wouldn’t be surprised if it drops a bit further, even below 60k the next few days. Because this is always followed by some panic sells too. History really repeats itself in this market.

But then it is time again to accumulate if you ask me. I expect Bitcoin going for the 75k mark by the end of 2021. I could be wrong, and this surely no financial advice. But I see no reason whatsoever why it wouldn’t. The market is maturing and the fiat economy is inflated more than ever…

I am also very curious what the rest of the market will do, especially Hive. Could Hive grow past 1 $ by the end of the year? That could be a game changer!

Sincerely,

Pele23