$BTC has been added with the statement of a big crash again. This time I may be inclined to the statement of a big crash. The probability of potential negative news being released in a short period of time is relatively high. Let's take stock of what they are.
Bankruptcy of the United Kingdom: The bankruptcy of the United Kingdom may re-examine the sale of Bitcoin involved in the case. Currently, the British national government holds 6,1000 BTC of Bitcoin, with a total value of US$3.965 billion. The number of Bitcoins held by the United Kingdom is second only to China's 190,000, which is higher than the number held by Germany before the sell-off. Fortunately, the current British address has not changed.
Mentougou compensation: Mentougou compensation is currently ongoing. 4 hours ago, the Mentougou address sorted out 33,000 Bitcoins in the wallet. The current Mentougou address still has 80,000 Bitcoins worth US$5.3 billion.
US government wallet sorting: The US government has been sorting out its wallets. This is not a potential negative. After Trump made a positive statement about Bitcoin, the market sentiment was high. Two presidential candidates have already said they would hold Bitcoin, so it is not realistic to sell it at the moment. Such a huge amount of Bitcoin transfers in and out has not caused a serious price impact on the market, which also shows that the transfer of US Bitcoin will not directly impact the Bitcoin market.
Then the most likely possibility is that the UK will sell off due to bankruptcy. As for whether we will see BTC at $50,000 again, it depends on the UK government's selling method.
