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RE: Today I will get a better sleep
Yeah, I understand the way it works, but was just making a point that there is a lot more at play here than just a few hundred thousand BTC being sold over a several month period. My point here is while I agree it certainly had some impact, we're probably talking a fraction of the total BTC sold in that period of time. In fact, I wouldn't at all be surprised if the "news" of the 200,000 BTC being sold had more of a FUD factor sell off than the actual selling of 200,000 BTC being sold, but who knows. It is a big market and there are so many things at play in the world these days.
Of course. It cant be all this alone, even though sudden releases of bitcoin also triggered bot selling which react to speed of price decrease, which in turn reinforced FUD / panic selling and so on.
True. The articles I read on that stated the 200,000 BTC being sold was over several months (Dec. '17 - when the article came out) and I don't recall it implied it was all sold yet or not. So who knows.