Hello and thank you @haejin for your work and inspiration.
Last year right after new year, BTC dropped a lot. Back then it was said that this was "marking profits" from whales so that they do not pay the tax for their profit in 2016, but 1 year later, because during 2016 BTC climbed a lot, making huge profits for whales.
This year, profits are even higher, even @ 13k.
Don't you think this scenario might repeat itself ?
Also, don't you think from a whale point of view, wouldn't it be better to "restart" the new year from a lower point then it is now. 7-9k would mean much higher profits for next year then 10-12k.
I kinda believe in a "doom-like" scenario, because in my point of view it's more logical to happen.
- Step 1 : Whales dump the price to 9k and don't let it bounce back right away. (maybe on the 2nd, so that ppl and awake from the new year's drinking)
- Step2 : Panic by the n00bs drops it even lower, but this time it bouces back .
- Stept3: Whales marked the profits and an go spend their money on yachts, and BTC is restarting at a more decent value(8-10k) to new hights in 2017. (70k)