📢 Bitcoin's got the blues, dipping below $60K, but don't fret! 😎 It's back up and holding steady at $61.5K. Some folks are worried about a potential sell-off by Uncle Sam, but QCP Capital's got our backs, saying Bitcoin can hold the fort at $60K.

Why? 🤔

1️⃣ The German gov's slowed down BTC transfers to exchanges, hinting they might be done selling.

2️⃣ Bitcoin ETFs saw net outflows of $52.4M over 2 days after a week of outflows.

This could mean it's prime time for Bitcoin accumulation, and we might be in for a price hike! 🚀

CryptoQuant's also spotted signs that Bitcoin's hit rock bottom and is ready to climb. The market's balanced, and a healthier price structure's in sight. Plus, Bitcoin's recent dip had buyers rushing in, adding 7,130 BTC to their stash in a day.

So, what do you think? Is Bitcoin gearing up for a jump? Share your thoughts below! 👇 #Bitcoin #CryptoNews #DeFi