Germany is really making trouble. 😡😡The Mentougou incident has not yet subsided, but they are here to stir up trouble again. These 50,000 BTC are like time bombs. Every time a few thousand are released, it will cause a stir. On June 20th, the sale of 2,000 BTC caused Bitcoin to slide from a high of 66,400 to 58,400.
Then, on the 25th, more than 1,600 BTC were sold. Fortunately, someone took over, and the impact was not fatal. But on July 2nd, the sale of 3,000 BTC directly dragged the big cake from 64,000 to the current 57,200. According to this trend, it is afraid that it will go straight below 54,000. 💥💥
Imagine, if all the 50,000 BTC were sold, 2,000 each time, it means going through 25 selling storms. The price of Bitcoin may experience 25 dives, and each drop is close to 10,000 points, which is simply shocking, as if it is just around the corner. The atmosphere of the bear market is getting stronger and stronger. It is time to be vigilant and consider risk aversion.
I have warned that Bitcoin may plummet before, but unfortunately, many people chose to question and ridicule. Now it seems that I may have to pay the price for that ignorance. The market is unpredictable, and although it is difficult to predict, risk awareness is indispensable. I hope this can sound a wake-up call for everyone. 🥶🥶
