The German government's recent massive Bitcoin sell-off has caused strong market fluctuations and investor concerns.

According to reports, they sold about 2,000 Bitcoins on June 20, causing the price of Bitcoin to fall rapidly from $66,400 to $58,400. Although the market rebounded slightly, more than 1,600 Bitcoins were sold on June 25, with relatively small impact because someone was willing to take over.

On July 2, the German government sold another 3,000 Bitcoins, this time causing the price of Bitcoin to plummet from $64,000 to the current price of around $57,200.

If the average selling rate of 2,000 Bitcoins is followed each time, these 50,000 Bitcoins will be sold in 25 times, and each sale may cause a price drop of nearly $10,000.

Given the serious deterioration of various market indicators, the market may face further pressure. If the German government continues to sell the remaining Bitcoins as planned, the price of Bitcoin may fall further to the support level of $48,000 to $53,000.

Even though you hold 50% of the position, the uncertainty of the market still makes people anxious.

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Again, at this stage, we are all planning some good currencies

Those who believe, are interested, and want to witness the strength

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