Germany is selling BTC again, BTC fell to 57230
Why Bitcoin fell, there are five reasons
1️⃣ Outflow of funds from spot ETFs: The tsunami hit, and BTC ETF was also hit hard! Giants sold millions of dollars of tokens and suffered heavy losses...
2️⃣ Liquidation volume surged: 14 million yesterday, 36 million today! This liquidation speed is simply astonishing!
3️⃣ Miners surrender: hash rate is low, income is falling, miners are selling BTC to survive...🛠️
4️⃣ Rumors of government selling: The German government's move caused panic in the market, and investors rushed to sell first, fearing that they would be locked in...
5️⃣ Market sentiment is bearish: The chart shows that market sentiment has turned pessimistic, all red, and bullish sentiment has disappeared..
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