The German government's recent sale of $325 million worth of Bitcoin caused a 3.5% drop in its value over two days. This move is part of their plan to liquidate 50,000 BTC seized from Movie2k.to in 2020. Their strategic selling approach significantly impacted the market, contributing to Bitcoin's nearly 9% decline in the past two weeks.

Despite efforts to boost Bitcoin above $66,000, the market faced substantial liquidations, with $150 million liquidated in the last 24 hours alone. However, the German government's decision to sell gradually using dollar-cost averaging has been viewed as prudent, avoiding more severe market disruptions.

While some wish for a more bullish stance, holding out for $150,000 per Bitcoin, the cautious approach of the German government aims to stabilize rather than speculate. This measured strategy contrasts with potential volatility from a large, single-sale approach.

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