What we saw this week was a trick that has been pulled countless times. It was a shakedown. You all thought you were smarter than the market. And guess what? You weren't.
The people that need bitcoin the most sold off their coins because the market took a slight (and brief) tumble. When they panic sold, their coins were scooped up by the biggest whales (extremely rich people).
Please don't trade. I beg you. You will lose. Take advice from ANYONE who has been in this space for a long time. They will all tell you the same thing: buy bitcoin and forget about it for a few years or decades. That is how you win.