Most people usually look forward to a bullish turn up on the prize whenever a whale makes an announcement that they have invested in the market, but from my experience so far in the market I haven’t really seen that happen. It doesn’t work that way. When they invest, it doesn’t have any effect immediately on the price of Bitcoin.

Moreover, I don’t think that Microstrategy would invest in Bitcoin and be wishing for it to decrease in price after they have invested in it. So, it doesn’t have anything at all to do with Microstrategy. That’s just how the market works, and it is currently bearish this time.

You need to experience what a rugpull is to truly understand its use. What could've happened at the time won't be far from price correction, nothing more. Perhaps when Microstrategy bought, certain whales felt it could be an appropriate time to dump in order to cause panic in the market. They often do this to create an atmosphere of panic sale and thereafter buy back cheap from weak hands. We see that pattern often. Yet investors still fall for it. How would they crash the market immediately after investing. It's not logical. Contrary to what OP thinks, it's far from rugpull. It's correction.

the cofounder of microstrategy is Sanju K. Bansal  indian/hindu. of course they commit fraud

every company on earth with hindu/indian executives commits fraud

Perhaps artificially whales manipulate the price so that such as Microstrategy are purchased at a discount price. Maybe it's just a correction that coincided with the purchase of a whale, no one can predict the price of bitcoin, even in the short term.These guys will soon buy all the bitcoins)

Institutional investors will have a strategy when they make any decisions, i doubt whether they are long term investors, they might be having a portion of their asset for the long term but they will always play the short term strategy and when they plan on selling off the coins in the open market they can plan on placing a short call and that way they make double of what they invested and i believe this is how they are playing in the market rather than dragging the market all the way down.

unless they are physically buying/selling to cause actual price changes. then they are not manipulating the price.

whats more of the case is lots of other investors trying to predict the market reaction to news.

in short. the paradigms of old wall street trading habits/practices dont exist o bitcoin economics and because of the randomness of traders these days its not possible to plan the intentions of traders.

yes silly wall street drone/idiots want to turn bitcoin economics into trend following boring wall street economics. but bitcoin is steps ahead of those silly old games.

yes in the wall street days they were like robots, all just following the trends like sheep causing pumps on hype announcement. but individuals these days like to counter those sentiments and be preparing for the opposite. which is why bitcoin is not like wall street trading of the silly 'trend' patterns

but here is the thing.
the initial thought is when someone says they are buying large lumps. the sentiment is that everyone gets excited/confident to buy. and so lots of investors buy because they think everyone else will also buy.
BUT
the secondary thought is that when an announcement occurs lots of investors think these 2 scenarios play out.
a. those that jumped at the hype jumped but didnt get the pump they were hoping for and the correction then led to them selling quick to get out quick.
b. a large announcement usually means the buy happened already long before so the pump period is already finished with so people dont buy in as they know the hype is over before it began.
thus people are preparing to sell at an announcement not buy.
BUT
the third thought is that people know there is just as much chance of a buy pump as there is a sell dump after an announcement. and so they just do nothing.

I suppose it's just a coincidence, even when Kwon announced that he would hoard bitcoins, the price of bitcoin seemed to drop and everyone assumed it was a manipulation to hold a buyback position but I said  are not.  If bitcoin is in a position of lack of consolidation, FUD news could generate negative sentiment to push the price down.  The suspicions for Microstrategy are legitimate but to me it is lame and completely unproven.  There are more reasons for the price situation to become pressurized i guess

TBH, I just don't know why people are blaming these institutions for the downfall of the price of Bitcoin.
Yes they bought many Bitcoins but that doesn't mean that we will always blame them whenever prices fall.

I'm leaning more on a coincidence than blaming somebody especially huge constitutions in the price decline of Bitcoin. At least next time, don't blame companies whenever prices goes down and vice versa because they aren't the reason to it.