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KhanHamzaTurk333
@Khanhamzaturk333
I'M a trader of crypto and stock market
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#MyFirstSquarePost New to Binance Square, thrilled to share and connect with everyone here! What is happening in Bitcoin ? Firstly the high court of USA give the government the right to sell 69K bitcoin worth 4 Bilion Dollar for refunding investors of a closed crypto company that was owning them So the market is in fear if this happened at one shot bitcoin price will drop deeply rapidly But letā€™s think about it Do the USA government idiot? To sell them at once and kill bitcoin price ? While 35% of American people use cryptocurrency? They will damage 35% of their people? Letā€™s think 4 bilingual dollar is just 0.0001% of bitcoin market cap so if this worst scenario happened this wonā€™t be more than rapid drop that will rise again rapidly Also donā€™t forget that ETF of bitcoin can buy this 59k bitcoin coins and rescue the market and their holders Bitcoin up to 70k very soon #bitcoin #worldmarket #marketanalysis
#MyFirstSquarePost New to Binance Square, thrilled to share and connect with everyone here!
What is happening in Bitcoin ?
Firstly the high court of USA give the government the right to sell 69K bitcoin worth 4 Bilion Dollar for refunding investors of a closed crypto company that was owning them
So the market is in fear if this happened at one shot bitcoin price will drop deeply rapidly
But letā€™s think about it
Do the USA government idiot? To sell them at once and kill bitcoin price ? While 35% of American people use cryptocurrency? They will damage 35% of their people?
Letā€™s think 4 bilingual dollar is just 0.0001% of bitcoin market cap so if this worst scenario happened this wonā€™t be more than rapid drop that will rise again rapidly
Also donā€™t forget that ETF of bitcoin can buy this 59k bitcoin coins and rescue the market and their holders
Bitcoin up to 70k very soon
#bitcoin
#worldmarket
#marketanalysis
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