The slight downturn might be a mix of the r/wallstreetbets crowd getting disillusioned with the cause (as many got stuck with valueless stocks), Australia kicking out Facebook and besmirching big tech as a whole, and Congress being as gridlocked as ever over the stimulus package now that Trump is acquitted and Biden is not perceived as the uniter that everyone hoped for (because you can’t unify with insane people like MTG and Hawley - not happening. But I digress.)

When the stimulus finally gets done, it may cause BTC to rebound, because some folks will have the spare cash to buy the dip, and at the same time paying for a $1.9T package may weaken the dollar and BTC is catching on as a reliable hedge against inflation and economic chaos, in spite of crypto’s reputation for volatility.

Even if none of this is rooted in fact, what becomes important is that investors perceive these as causes for swings in the market, and make decisions to get in or out based on those perceptions (with bots piling on) and create a self-fulfilling prophecy.

This might also be time to get into alts like ETH, as some of the ones that got clobbered will also rebound as strongly as (or moreso than) BTC.

Should be a year to watch!