#BTC Looking at Bitcoin's long-term fall, and the reason for the big dump, Bitcoin has risen 7 times from the bottom of the bull run distribution line from 16,000 to 110,000. Although institutions are buying a large amount of Bitcoin and Trump is wildly supporting it, in my opinion, this is not a good sign, but rather the worst signal. Bitcoin's trillion market capitalization, the distribution of chips and addresses is very uneven. Institutions are just passing the buck, using good news about institutional utilization to pump the super capital behind them. If it's a bubble, there will always be a time when it bursts, including the most valuable gold, world-class apples, Nvidia, and the US stock market's monthly death cross, with a low point breaking down on volume. Bubbles cannot last forever, including in the United States.

The leverage added to various financial derivatives in the stock market, futures, and foreign exchange has to be repaid sooner or later. However, it cannot fall without reason. These bad news are inevitable; even if there isn't any, they have to be fabricated. The purpose is to kill all institutions that are leveraged. Retail investors will complete the world financial harvesting. The big dump of Bitcoin is inevitable; in the mid-term, we should first look at 65000, which is the support of this bull run distribution line, as well as the dense trading area. Do not let institutional news disturb your judgment.