I think the downward pressure on the market at the moment COULD be because of weak hands who are fearful of this. GBTC unlock is over next week so hopefully we resume upwards price trajectory then.
It's good that there's weal hands in the market because I really want to buy some bitcoin at a really low price. There's no worry when will this upwards price trajectory happen because it will although don't put some hope that it will happen this month or the next because I feel like the unlock is going to make the prices stay at a certain point for awhile.Fear is still a reason that the price keeps sloping to towards. Hodlers expecting bull especially newbies who don't understand the terrain of cryptocurrency movement. For some who have witnessed the long Hull of bear that happened in 2018 and just came off last year during the start of covid-19, we already seen it all. The bull isn't going to happen this month or next, it will give chance for accumulation which will steer the next movement up. For now, investors are still making investment decision.
