Institutions Speculated to be Crashing Bitcoin Price

Crypto analysts are weighing in on the recent decline in Bitcoin's price, attributing it to institutional factors. According to some pundits, institutions may be intentionally crashing the crypto's value to buy at lower prices before a significant regulatory development.

Bitcoin ETFs have recorded massive outflows in the past 14 trading days, causing a decline in the crypto's value from $104 billion to $82 billion. This has led some analysts to speculate that institutions may be using this opportunity to accumulate Bitcoin at discounted prices.

However, others argue that the current market downturn is part of the four-year cycle and that volatility can create opportunities for investors. Analysts are predicting that the bear cycle low could happen by the fourth quarter of this year.