#Bitcoin Bounceback!
The German Government's Massive Sell-Off Loses Momentum, Market Rebounds!
After a brief downturn, Bitcoin is making a strong recovery, with experts forecasting a bullish trend ahead.
Here's the scoop:
- The German government sold over 25,000 $BTC , leading to a temporary price dip.
- The market quickly absorbed the impact, initiating a rebound.
- The German government still retains 16,000 BTC, valued at $823 million.
- Positive US job data suggests potential interest rate cuts, boosting market sentiment.
- Increased institutional investment in spot Bitcoin ETFs and Ethereum products is expected soon.
With the bulls taking charge, Bitcoin is poised for a significant comeback. Stay tuned for more updates!