One of the most prominent reasons for the decline in the price of Bitcoin during the previous days was the German government’s selling of Bitcoin.
The German government had 50,000 bitcoins in its wallet a short while ago, and now the German government has less than 5,000 bitcoins.
The decrease in the number of Bitcoins in the German government’s wallet indicates that the large selling operations of Bitcoin are about to end and that after a period of time the price of Bitcoin will recover through the weakening of the impact of the German government’s selling operations on it.
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