TakeawayCoinBrother

Venture capitalist Felix Hartmann warns that the altcoin market may experience volatility in the short term as institutional investors take profit. However, not all traders agree with this view and believe it is just the beginning of the altcoin season. Traders often use BTC dominance as a key indicator for the start of the altcoin season. BTC dominance has dropped by 7.88% in the past 30 days.

BTC fall: From $104,000 to $90,500 - What happened in the market?
The past day has tested Crypto Assets investors, with Bitcoin recently hitting a new record of $104,000, suddenly dropping 13% to $90,500. What are the reasons for this big dump and what might happen next?
Why did Bitcoin fall?
1. Large-scale profit-taking:
The record high attracted major market participants who hoped to profit from it. This selling pressure triggered a price collapse.
2. Regulatory follow:
Reports of strengthened cryptocurrency trading regulation in the United States and Europe, including discussions on new tax

#ETH #BTC #TRX #BAN #X
The surprise came too suddenly. I told you yesterday that Bitcoin would reach 90,000. Do you believe me now, my friends? The partners who held the short order just took profit at 91,000, making a profit. My short order also made 350,000 in profit. Just hit 91,000 accurately, the long order instantly made 280,000 in profit. So awesome. Thank you for the Christmas gift.