My group is predicting a pretty MASSIVE CRYPTO SELL OFF from now 7/12-7/19....
Now, it is 7/14 but I didn't see very massive selling in crypto market. In my view, the current dump is still not very significant, which means it is not more massive than the previous dump several days ago. So, I am worried the prediction to be wrong. However, it is not really what we expect for a bigger dump to come again as we already experience a huge dump previous months ago.
It's because there are no effect in the price, it's already price in. And think about it, why would institutions sell at the price that they bought it?
The media is just trying to make some noise about it, and maybe they have their narratives behind, to pull the price again so that they can buy cheap bitcoin. But it's not going to happen because there will be no incoming dumps. The OP is just trying to make FUD here.