Bitcoin faces challenges for these reasons 🚨

🔰 Negative news about Mt.Gox, which plans to distribute 143,000 Bitcoins in July.

🔰 Bitcoin mining companies sold $1.8 billion worth of Bitcoin in June.

🔰 Bitcoin ETFs have seen outflows totaling $1 billion since June 15.

🔰The German government sold $200 million worth of Bitcoin.

Review this analysis to understand Bitcoin's trajectory.

#BTC #BinanceMegadrop