[00:03] going on?  Let me explain it to you quickly.  In October it reached a high of $16,000.  Today it October it reached a high of $16,000.  Today it stands at around 60,000, down more than 50% in just a few months.  Because?  Well, there are three main reasons.  The first one, the
[00:16] macro.  There is a war in the Middle East that has caused oil prices to skyrocket.  There is real fear of a potential technology bubble.  Inflation remains high and the Fed is not lowering interest rates.  In other words, money gets scared and flees to safe havens
[00:30] rather than riskier assets like Bitcoin.  The second reason that almost no one talks about is retail.  Small investors are selling non-stop. The data is crystal clear. Smaller portfolios have been selling in a
[00:43] panic for months, while large whales are accumulating now.  And this always happens when the market falls, and it's a good sign, as the market is cleared of weak hands.  And the third reason, the snowball effect.  Many people bought
[00:58] with borrowed money, and when the price fell, those bets closed on their own, forcing them to sell even more.  One fall leads to the next.