This dip is nothing, but it is a crystal clear example of why I am not a big fan of americans. Of course, except the anarchists and the enlightened ones who do not attach themselves to any collectivist groups.
The suits sell the bitcoin to themselves (but formally totally legit deals between separate entities) at decreasing prices while there is no necessity for those sellers to sell and it is obvious to everyone that prices will go up tenfold if not more in the near future. At the same time this is called legal, no insiders, no cartels, open and fair market, capitalism, democracy, light on the hill and all those lies.
And this exact same thing has been happening forever with all stock markets and any markets of anything.
This has always disgusted me even though I myself am profiting from it. Since nobody has the brain to realize it, and not even a drop of brain to be able to listen to me, what else can I do? This is the only way to stay afloat. That is my self justification.
And to be honest, since covid I am no longer open to giving advice to undeserving cases. I assume that on Nostr most are deserving. But they also do not need my advice :).