$BTC
*BREAKING: The market goes crazy after the German government dumps $325 million in bitcoin!*

*BITCOIN ALERT:* Value Drops 3.5% as German Authorities Sell Off 50,000 BTC Taken From Haunted Pirate Website!
*CRYPTO SHOCKWAVES:* The Strategic Sale by the German Government Shocks the Market; What Comes Next?CURRENT TRENDS:* #cryptocurrency #marketalert #sellalert #bitcoin
*GET THE LATEST:* Keep yourself informed on the latest advancements in the bitcoin field!
*WHAT IS GOING ON:* Bitcoin's value has plummeted after the German government sold an astounding $325 million worth of the cryptocurrency. Not only that, but this sale is only the start of a bigger scheme to sell off 50,000 BTC that were taken from a well-known pirate website back in 2020. People, fasten your seatbelts!

💥 German Government Sells $325 Million Worth of Bitcoin 💥

Bitcoin recently dropped 3.5% after the German government sold $325 million worth of BTC over two days. This sale is part of a plan to liquidate 50,000 BTC seized from the piracy site Movie2k.to in 2020. The German government's strategic selling has significantly influenced recent market fluctuations, contributing to Bitcoin's nearly 9% decline over the past two weeks.

Efforts to push Bitcoin's price above $66,000 have faced challenges, with substantial liquidations of long positions, including around $150 million in the past 24 hours. However, the German government's decision to sell their Bitcoin using a dollar-cost averaging (DCA) method, rather than a large one-time sale, has helped mitigate more severe market disruptions.

I'm relieved that the German government chose a DCA approach instead of a large one-time sale; it seems like a wiser strategy. I wish they were more bullish and held onto it until it reached at least $150K. But perhaps they didn't want to over-promote Bitcoin. Haha!

For more insights, follow

#bitcoin #btc #arkham #sellalert #marketalert

💥$325 MILLION$ BITCOIN gets SOLD by the GERMAN GOVERNMENT 💥

Bitcoin recently experienced a 3.5% drop as the German government offloaded $325 million worth of BTC over a span of two days. This sale is part of a larger plan to liquidate 50,000 BTC seized from the piracy site Movie2k.to in 2020. The German government's strategic selling approach has played a significant role in the recent market fluctuations, contributing to Bitcoin's nearly 9% decline over the past two weeks.
Despite efforts to push Bitcoin's price above $66,000, the market has seen substantial liquidations of long positions, with around $150 million liquidated in the past 24 hours alone. However, the German government's decision to sell their Bitcoin in a DCA (dollar-cost averaging) style rather than a large one-shot market sale appears to be a wise move, preventing even more severe market disruptions.

Thank God that my fellow German government doesn’t make a big one-shot market sale; they seem wiser and are selling it DCA style.

I wish they were more bullish and would hold it until it reaches at least $150k$. I guess if they did this, they would advertise Bitcoin too hard. Haha!

For more awesome information follow @Professor Mende - Bonuz Ecosystem Founder

#bitcoin #btc #arkham #sellalert #marketalert