🚀 Bitcoin rollercoaster alert! 🎢
In June, Germany's multi-billion-dollar BTC sell-off from a 2020 police sting sent prices tumbling from $70k to $55k. But don't fret, HODLers! ARK Invest says Bitcoin is oversold, hinting at a bullish reversal. 📈
Miners are capitulating, and BTC ETFs are still hot, with billions flowing in July. BlackRock's IBIT saw $107M in a single day! 🌟
Sure, there are risks like global economic data and Mt. Gox repayments, but analysts believe creditors might hold their BTC.
What do you think? Bullish or bearish? Drop your thoughts below! #Bitcoin #Crypto #DeFi