🥳🎉Germany's Bitcoin wallet is officially empty, folks! According to Arkham Intelligence, the German government has sold off its last stash of Bitcoin, marking an end to the bearish narrative that's been haunting the crypto market.💀👻

The government's Bitcoin balance, once a whopping 50,000 BTC, has been steadily decreasing since June 19. The final 3846.05 BTC ($223.81M) were sent to an institutional trading desk and Flow Traders, a proprietary trading firm.📉💼

This sell-off coincided with the U.S. government's own Bitcoin sales and market fears surrounding the bankrupt Mt. Gox Bitcoin exchange. The result? Bitcoin's price took a nosedive to $53,900 last Friday, its largest pullback from its March high of $73,700.🎢💸

But wait, there's a silver lining!🌈😃 Bitcoin enthusiasts are celebrating the end of the government's sell-off. Some are even criticizing the state for trading their coins for fiat currency. Will Clemente, co-founder of Reflexivity Research, tweeted, "Germany full stack dumping their seized BTC may go down as one of the biggest strategic blunders in history as soon as the next few decades."🐦💬

With the sell-off over, on-chain analysts are optimistic about Bitcoin's price. They believe it's a healthy entry point for new investors. Institutional investors have been accumulating BTC at their fastest rate since March, suggesting they're 'buying the dip.' Meanwhile, short-term holders have been selling their coins at a loss, which analysts say is a good sign that market fear has peaked and the price is due for a correction.📈💰

So, hold on to your hats, Bitcoin lovers! The rollercoaster ride isn't over yet!🎢🚀