What’s happening to Bitcoin at the moment?

Currently, Bitcoin continues to fall close to its previous high, mainly due to the struggle between market makers, institutions and retail investors. Because the holding addresses of Bitcoin are particularly scattered, selling is easy to occur when it is close to the previous high, causing a pullback. Because the current purpose of the bookmakers is to pull up the previous high, make the market boil, and open up the upward imagination space, including global news will report the miracle of BTC breaking new highs. At this time, the dealer needs to take the initiative to take in the selling orders to stabilize the price. Since it is taking the initiative to take in, the orders below are relatively sufficient. At this time, large investors can sell quickly, and the price drop will be relatively limited. From this, we will see that the bookmakers will always resist and continue to pull upwards to reach new highs.