The US government has been authorized to sell 69,370 BTC (approximately $6.5 billion) seized from the Silk Road on the dark web.
The US government now holds about $18.6 billion worth of Bitcoin.
Such news does affect the price of Bitcoin, causing panic.
However, most of us only know the news after the fact.
Before the recent drop, I reminded everyone that Bitcoin was in a sideways trend, with a short position at 102.
This is the conclusion I reached based on technical analysis and the information I have gathered.
For ordinary people, lacking information advantage and technical analysis skills, it is very difficult to survive in this market.