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I noticed that the sharp drop of Bitcoin to $60,000 probably had heavy involvement from market makers. It's like when you see these highly coordinated movements on the chart that don't seem natural.
There is a lot of speculation about how some neutral funds and market operators manage to amplify these drops. They basically use leverage and strategic positions to push the price down more than it should. It's a power game that most small traders can't keep up with.
The interesting thing is to notice how these movements are not random. There’s always someone profiting from the fall while the rest of the market gets scared. These neutral funds know exactly when to press, and Bitcoin ends up bearing the consequences. Now with the price at $74K, it’s clear that that level of $60K was more of a market maneuver than a real collapse.