#XmasCryptoMiracles
BREAKING NEWS: BlackRock sold $BTC worth $188.7 MILLION yesterday.
What is this about? How will the market react? And what should you do? Read more details
Questions being raised:
- Why are they doing this? And what will happen to BTC?
- This is the largest sell-off since we saw the Mt. Gox and Germany sell-off
Let's look at history
- This situation is very reminiscent of the $9 billion BTC sell-off from Mt. Gox and Germany
- It sent BTC from $70,000 down to $50,000
- But any investors understand the market cannot crash with $20 billion of daily trading volume just from $9 billion
❍ It happens due to the reaction and panic from retail investors, who rush to sell along with them
❍ And BlackRock plans to intentionally create a similar situation
Currently, my advice is to stay away from the market, especially if you already have a position
- This is not the best time to enter the market, wait a bit longer before 10/1/2025
- The best thing you can do is simply hold or gradually take profits, depending on your goals