Come on, we are in the middle of a bubble and you ask for reasons why it is going down again?
At the beginning of the year no one would have believed that we reach the old $ 31 mark already this year and where are we now?
I am quite sure that we have a slow descent into the $ 40-50 zone in front of us. From there we go either further down or up slowly. Nevertheless, the price would have multiplied compared to last year. A very good result, which gives hope for new highs in the coming years.
Old Hands can only rejoice about this little damper, because Bitcoin community increasingly turns into a fucking cult. This sucks. Now is the time to think about short sales OR further supplementation of money to buy in the death zone.
Nevertheless, you should never sell all coins. Because it can also come out quite differently. And for that it need no reason too. It is simply the market.