source avatarDandara Denis 💹🧲

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🚨 The market has been driven to a point where no one wants to buy crypto anymore—not even BTC. For three days now, I’ve watched the order books go virtually empty after the price dropped below $70,000. There are hardly any bids, which means the price can be pushed practically anywhere. And the most interesting part is this: Over the years, the market has gradually come under the control of major players: * BlackRock * Fidelity Investments * ARK Invest Many of them were involved with Bitcoin from the very early stages of its institutional adoption. Many projects looked genuinely strong in terms of fundamentals. Yet, the market keeps pushing prices lower and lower. And honestly, for the first time in a long while, even my own faith is starting to waver. Based on the movement's logic, the target is 50,000. The second target is 33,000. 33,000 seems incredible right now, but whoever is driving the market can do anything.

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