๐ Bitcoin Bounces Back! ๐
- Bitcoin (BTC) is on a roll, rising 1.70% to $58,885 after hitting a five-month low.
- The German government sold 70,000 BTC, worth $2.5B, but still holds 9,100 BTC.
- Institutional investors are buying the dip, adding 10,000 BTC during the recent price drop.
- The US dollar is weakening, making Bitcoin more attractive.
- BTC's technicals suggest a rebound, aiming for $59,000 and possibly $61,235.
Hold on to your hats, crypto enthusiastsโBitcoin's back in the game! ๐