🎉🇩🇪 Germany's Bitcoin sale is nearing its end, with only 3,856 BTC left in their wallet! After selling off a whopping $222 million worth, the BTC price dipped below $60,000. But fear not, crypto enthusiasts! Signs of a potential bottom are emerging. 💪📈
The German government started selling in mid-June, having held nearly 50,000 BTC since Feb 2024, seized from the pirate movie website operator Movie2k. 🏴☠️🎥
Crypto analyst Moustache predicts a recovery above the $60,000 mark, while trader Marty Party points to the Coinbase Premium as another indicator of a local price bottom. 🧔🎉
However, to avoid a bearish momentum, Bitcoin needs to hold above $56,750. So, what are your thoughts? Will BTC bounce back above $60,000 soon? Let us know in the comments! 👇💬
Remember, investing is a risky business. Do your research before making a decision. 📚💡