Which is more likely as a cause of a sudden decline in the last few days?
1. Mr Huang sold some bitcoin to China..hehe
or
2. Tech investors are raising cash for a certain IPO?
That said, I am pretty miffed by the never ending AI story...why not f-g bitcoin and/or biotech instead?
I got "stuck" in several promising companies that are still "promising" with no stock appreciation and bitcoin did almost nothing on a balance since the 2021 peak, a meeker ATH in 2025 notwithstanding.
Conclusion: investing is hard and Peter Lynch's approach is moronic...I can say this after many tries.
As things stand, there has been a lot of negativity around Bitcoin and shitcoins lately.
It started with the coldcard
"hacking", then with the knowledge that someone modifies the Ledger and Trezor HW with SIM cards, then continued with the biggest hacking of a CEX in history, and of course ended with the political debacle of the T-dynasty and their Republicans.
On top of all that, there's also that love affair, as they say, between the most powerful man in the world who drinks coffee with the President of the United States, and at the same time whispers secrets to a Chinese spy on his pillow.
Honestly, after all this, I'm surprised that the price of BTC hasn't gone even lower, but that's actually good news when you consider everything. In the end, we don't need to be pessimistic, after the rain there always comes the sun.