What Actually Caused Bitcoin to Drop After the Purchase?

[cryptobro]

The decline wasn’t driven by spot selling. It was fueled by macro pressure, including fears of a Bank of Japan rate hike, leverage liquidations, and market-maker de-risking. This type of structural deleveraging has historically led to sharp, short-term Bitcoin drawdowns.

[Abdul Khan]

The drop looks more like market structure and profit-taking than the buy itself.

[Rimon Khan]

What looks like a mistake now could age very differently later.

[Nahid Hossen]

Exchange support is key for Lightning Network adoption.