After the $276m sell-off $BTC , the market increased again. The German government just announced it at 7:00 p.m. on July 11:
The German government raised an additional 140.47M from Kraken and Bitstamp
Currently the German government is holding 13,117 btc (767.18M).
You can fall out of line at this time very easily, even if the German government is still panicking, our mentality is very susceptible to the same, but don't be discouraged. The bottom has already reached the bottom, you only lose money when you actually sell (holder thinking).
*** For you guys, you still have USDT
Yesterday CPI also decreased by 1% compared to reality. Reduced consumption means there is a high possibility that banks will have to lower interest rates to reduce the cash flow that people push in. It may also happen that many businesses continue to cut down on scale to survive, but the demand that will always exist will come. The final step is still to "return monetary easing" in September. In addition, unemployment benefits decreased again (from 239k->222k) which is also a good sign for a spectacular increase in employment because as predicted only 236k. This will have a general impact on society and will likely have a more positive influence on the upcoming US election.
Maybe everyone is scared and confused right now, but in the end, the mentality of having nothing to lose also makes you keep the goods, if you can sell anymore, the market will recover. The important thing is the entry point and price split, which will decrease sharply for 2-3 consecutive days. You guys just take a portion and wait until February next year to re-trend.
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