The German government is selling the bitcoins they hold. Some group members said that the market plummeted because of this. Is this true? First of all, the data on the chain will not lie. The German government is indeed selling bitcoins. However, as of now, the total amount of bitcoins sold by the German government is about 200 million US dollars. This amount cannot cause a large fluctuation in the price of Bitcoin. The reason for the market cannot be attributed to the German government selling coins. So what does the German government's sale of Bitcoin represent? Does it mean that it is bullish? Is it going to end early? Or does it mean that the German government is not optimistic about Bitcoin? The answer is nothing, because the government is a very complex bureaucratic system. It has its own decision-making mechanism, and we don’t understand them.

But I am very sure that in this decision-making mechanism, the price factor of Bitcoin is only secondary. No matter how much the price of Bitcoin is, the German government will sell it. He has made this decision. Of course, there are also dissenting voices among Germans. For example, a German parliamentarian publicly stated on social media that the German government’s sale of Bitcoin is short-sighted. They should learn from the United States and regard Bitcoin as a national strategic reserve. They should not sell these. Anyway. The German government holds a total of about 40,000 bitcoins, which are worth about 2.5 billion US dollars. Frankly speaking, even if the German government sells all of the 2.5 billion in July, the impact on the Bitcoin market will be limited. The market decline has its own logic. We don’t have to stick to a specific government reason. For friends who have not yet entered the market, now is actually a very good time to enter the market. Let go of fear and get on board bravely. #德国政府转移比特币 #非农就业数据即将公布 #Mt.Gox将启动偿还计划 $BNB $BTC $SOL