For me reasons to sell are just excuses. The market collapsed because people cashed out. You could have really bad news but if no one pulls the trigger the price won't go down. In crypto, these whales are heavily leveraged and so they have to beat other whales to buying and selling. And that's why it quickly goes up because at some point they have to cover shorts before somebody beats them to covering their shorts.
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It seems btc was just played. Goddamn whales.