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$NOT Should I take a short entry here ⚠️ 0.01575 👀
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📢Germany’s government has purchased 1,915 $BTC worth $111.5 million, reversing recent sales.
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🔹Bitcoin bounced back exactly from the market support area and reclaimed its position above $57,000. 🔹This crypto crash has pushed the Fear & Greed Index to its lowest level since Bitcoin traded at $17,000 in early 2023. 🔹Bitcoin needs to reclaim its position above $60,000 to gain bullish momentum.
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The German government bought $11 million worth of $BTC First, they drop the price by selling Bitcoins, and then they buy a position from the self-created dip.
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