What's the basis for your Bitcoin speculation?

[Kelward]

I think that different factors plays out to determine the price of Bitcoin at different times and I cannot deny that the impact of whales buying and selling is one of the major determinants. I don't bother much about looking for basis for Bitcoin speculations because they can only be for a short time, I know that whatever it is whether it's whales dumping, a country offloading their bags or some global news, it won't count for long term hodling. I buy, hodl and wait for as long as it takes because I have faith that events will happen that will always skyrocket price and there'll always be new ATH.

[AprilioMP]

in fact another incident occurred which resulted in the price being below $60,000 as current market conditions are still happening. transfer of assets by those with large amounts of Bitcoin from their wallets.

I think you are referring to those Germans who did a massive sell-out which occurred last time. I'm not only sure if we can consider this as an event because everyone can buy and sell their coins whenever they like.

You are very true that anyone can do anything over the Bitcoin including the German government towards Bitcoin. On one hand, what the German government did could not be considered an event because the decision to sell Bitcoin was fully their right to their bitcoin but on the other side when they saw market conditions, large -quantity sales could be an event according to the price point of view because it hampered market price movements Although it is normal regarding rising and falling prices.