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🔴RSI Oversold Alert (4h)🔴
📉#BTC(RSI: 29.62 ⚡) | 24h🔻: -2.36%
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⛔️ German Gov’t Dumps All BTC: Market Shockwave or Damp Squib? 🔴 The crypto world is buzzing as Germany’s government empties its Bitcoin wallet. After weeks of selling, its final 6,869 BTC hit exchanges on July 12. 🕯 Despite the $3.5-billion sell pressure, BTC held steady around $57,800. Is this resilience a bullish sign? Some predict Germany will “deeply regret” this move, while others see a buying opportunity. With major institutional players involved, what’s next? ⬇️ Did Germany miss the boat, or make a smart move? What’s your take on post-selloff Bitcoin? 🐂 or 🐻?
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BREAKING The German government has depleted all of their $BTC after 25 days of active movements! In the past 17 hours, the German government unloaded the allegedly remaining $525.4M worth of $BTC, including: • Moving out 9,594 $BTC ($554M) at ~$57,743 • Receiving back only 500 $BTC ($28.55M) at ~$57,100 The #Bitcoin price dropped ~2.3% following their last $BTC move, from $58.5K to $57.2K, before slightly rebounding.
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NEW: 🇺🇸 US #Bitcoin ETFs saw $79 million in inflows yesterday, the 5th straight day. While Germany sells, US ETF buys 🙌 #usgovernment #ETF #Binance #NFT
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💰 #BTC & 💰 #ETH #Ethereum is trying to cross back above 200 Daily Moving Average👀 #Bitcoin keeps consolidating below the one💁♂️ To confirm the fakeout we need a fixation back above the one📈
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🇩🇪 The #German government has sold 88.4% of its original 50,000 $BTC 💰, leaving them with 5,800 #Bitcoin .
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