Bitcoin experienced short-term selling pressure following the release of US GDP data showing negative growth in Q1. While prices dipped below $93,000, a key indicator points to potential accumulation by long-term investors. Despite this profit-taking, Bitcoin’s price saw a sharp drop over the past three days, driven by significant selling. However, analysis shows whale activity remains positive, indicating continued interest in the asset even amidst short-term market fluctuations. The article analyzes recent trends in both retail and institutional trading, with key takeaway: while selling pressure appears significant, it is being influenced by profit-taking rather than a complete shift away from Bitcoin’s long-term outlook.