BREAKING NEWS for #bitcoin holders ..
German Government Offloads $325 Million in Bitcoin - Market in Frenzy!
#BITCOIN ALERT: German Authorities Sell 50,000 BTC Seized from Infamous Pirate Site, Leading to a 3.5% Price Drop!
*CRYPTO TURMOIL:* Strategic Bitcoin Sale by German Government Shakes Up the Market - What Comes Next?
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MARKET UPDATE: The German government has unloaded an astounding $325 million in Bitcoin, triggering a notable price decline. This is just the start of their plan to liquidate 50,000 BTC seized from a notorious pirate site in 2020. Hold on tight, everyone!
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💥The German government recently sold $325 million worth of Bitcoin over two days, resulting in a 3.5% drop in its price. This sale is part of their plan to liquidate 50,000 BTC seized from the piracy site Movie2k.to in 2020. The strategic selling approach by the German government has significantly impacted recent market fluctuations, contributing to Bitcoin's nearly 9% decline over the past fortnight.

Efforts to boost Bitcoin above $66,000 have been challenged by substantial liquidations of long positions, with approximately $150 million liquidated in the last 24 hours alone. However, the German government's decision to employ dollar-cost averaging (DCA) rather than a large, single-market sale appears prudent, mitigating more severe market disruptions.

It's fortunate the German government opted for a DCA approach instead of a single large sale. Personally, I would have preferred a more bullish stance, holding out for at least $150,000 per Bitcoin. However, such a move might overly hype Bitcoin. Haha!

For more insightful updates, follow @Professor Mende, Founder of BONUZ Project, based in Dubai UAE. #bitcoin #btc #arkham #sellalert #marketalert

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*BREAKING: The market goes crazy after the German government dumps $325 million in bitcoin!*

*BITCOIN ALERT:* Value Drops 3.5% as German Authorities Sell Off 50,000 BTC Taken From Haunted Pirate Website!
*CRYPTO SHOCKWAVES:* The Strategic Sale by the German Government Shocks the Market; What Comes Next?CURRENT TRENDS:* #cryptocurrency #marketalert #sellalert #bitcoin
*GET THE LATEST:* Keep yourself informed on the latest advancements in the bitcoin field!
*WHAT IS GOING ON:* Bitcoin's value has plummeted after the German government sold an astounding $325 million worth of the cryptocurrency. Not only that, but this sale is only the start of a bigger scheme to sell off 50,000 BTC that were taken from a well-known pirate website back in 2020. People, fasten your seatbelts!

💥 German Government Sells $325 Million Worth of Bitcoin 💥

Bitcoin recently dropped 3.5% after the German government sold $325 million worth of BTC over two days. This sale is part of a plan to liquidate 50,000 BTC seized from the piracy site Movie2k.to in 2020. The German government's strategic selling has significantly influenced recent market fluctuations, contributing to Bitcoin's nearly 9% decline over the past two weeks.

Efforts to push Bitcoin's price above $66,000 have faced challenges, with substantial liquidations of long positions, including around $150 million in the past 24 hours. However, the German government's decision to sell their Bitcoin using a dollar-cost averaging (DCA) method, rather than a large one-time sale, has helped mitigate more severe market disruptions.

I'm relieved that the German government chose a DCA approach instead of a large one-time sale; it seems like a wiser strategy. I wish they were more bullish and held onto it until it reached at least $150K. But perhaps they didn't want to over-promote Bitcoin. Haha!

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💥$325 MILLION$ BITCOIN gets SOLD by the GERMAN GOVERNMENT 💥

Bitcoin recently experienced a 3.5% drop as the German government offloaded $325 million worth of BTC over a span of two days. This sale is part of a larger plan to liquidate 50,000 BTC seized from the piracy site Movie2k.to in 2020. The German government's strategic selling approach has played a significant role in the recent market fluctuations, contributing to Bitcoin's nearly 9% decline over the past two weeks.
Despite efforts to push Bitcoin's price above $66,000, the market has seen substantial liquidations of long positions, with around $150 million liquidated in the past 24 hours alone. However, the German government's decision to sell their Bitcoin in a DCA (dollar-cost averaging) style rather than a large one-shot market sale appears to be a wise move, preventing even more severe market disruptions.

Thank God that my fellow German government doesn’t make a big one-shot market sale; they seem wiser and are selling it DCA style.

I wish they were more bullish and would hold it until it reaches at least $150k$. I guess if they did this, they would advertise Bitcoin too hard. Haha!

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