📊 3 main reasons behind the low price of #البتكوين

✔️ The German government’s sale of Bitcoin: The German government began liquidating a large amount of Bitcoin that it had confiscated, which raised investors’ concerns about the impact of this large amount on the market; Especially since it still owns billions of dollars in Bitcoin.

✔️ Mt. Gox: Mt. Gox, which went bankrupt, said it would begin repaying its debts to creditors in Bitcoin, and made transfers of small amounts to ensure the wallets were secure. This raised fears of large amounts of Bitcoin flowing into the market as creditors may seek to sell it quickly.

✔️ Whale activity: Whales, who are the big investors in the market, have significantly reduced their trading activity. This decline in large transactions often signals caution in the market, prompting smaller investors to be cautious as well. This is due to the negative statements of the US Federal Reserve.