The real reason BTC price has dropped

[error08]

BTC supplier? I'm pretty sure most of the coins are held by traders at this point in time. And miners have no choice but to adapt to how the coins are currently priced by the market.

I really doubt that theory. Who's have BTC1 Million bitcoin that he generated through the mining process the first time? Then more people mining as well, early adopters are the miners,  so we can conclude the miners have so much bitcoin = or we can call them the real whales.
Traders buy bitcoin from the miners but still, they (miners) have so much left in their wallets and keep coming from the mining process.

[alexsandria]

May be due to lack of activity. And in addition, it is Christmas season you know you have to spend once in a while, giving gifts spending some stuff out there and I know for sure there are a lots of sale/discount during Christmas season and who cannot resist that, right? Besides, my reasoning might be a little of part of a big real situation on why btc price decreases.

[hatshepsut93]

the silver lining: this is what bottoms look like. bear trolls abound, FUD and crash predictions everywhere...... this is textbook stuff. the bears are celebrating because there's blood in the streets.

what's the old saying about that?

"Buy when there's blood in the streets." -Baron Rothschild

I think trolls become active every time there a big sudden downward movement, so we aren't necessarily at the bottom yet. I still scratch my head as to why they do this - are they just paid shills, or enjoy creating panic, or do they legitimately believe at what they say? But regardless of reasons, they are objectively wrong, and it's clear to everyone who isn't a complete beginner.