Maybe it's the federal reserve selling hive. They can't control us, so what they did was bought up a ton which culminated in that ATH spike we saw over a year ago, they also bought all sorts of cryptos and btc too, and then they systematically used all the coins they bought to break the buy walls & sell it all the way down.

They may also have used shorting at the same time to soften out their losses, but the gov just prints money so if they need to write off a loss to try to control and damage crypto, we'll then that's in their best interest.

There is no other entity that would want to see people flee crypto more than the fed, but it could also be all the world governments that worked together to get this big project done, and it's working. They will keep at it as long as they have the momentum, that's why I can easily see btc a lot lower if there really is a big secret conspiracy at play. lol