A FEW HOURS AGO, IT WAS REPORTED THAT THE US GOVERNMENT WILL SELL $6.5 BILLION WORTH OF BTC.
HERE'S WHY IT'S A FAR-FETCHED FUD 👇
1) BITCOIN MARKET IS WAY BIGGER
IN 2024 ALONE, $379B OF NEW CAPITAL ENTERED INTO BTC
$6.5B SELLING COULD BE EASILY ABSORBED WITHIN A FEW DAYS
2) MARKET HAS PRICED IN
AFTER THIS NEWS CAME OUT, BTC DROPPED $700, AND SINCE THEN IT HAS STABILIZED
IT SEEMS LIKE BIG ENTITIES ALREADY HAD THIS INFORMATION IN ADVANCE, AND THE DUMP FROM $102K TO $95K WAS TO PRICE IN THIS FUD. #BTC #ContentStar #BTC #DOGE
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ARE YOU WORRIED ABOUT US
GOVERNMENT BTC DUMP?
A FEW HOURS AGO, IT WAS REPORTED THAT THE US GOVERNMENT WILL SELL
$6.5 BILLION WORTH OF BTC.
HERE'S WHY IT'S A FAR-FETCHED FUD 👇
1) BITCOIN MARKET IS WAY BIGGER
IN 2024 ALONE, $379B OF NEW CAPITAL ENTERED INTO BTC
$6.5B SELLING COULD BE EASILY ABSORBED WITHIN A FEW DAYS
2) MARKET HAS PRICED IN
AFTER THIS NEWS CAME OUT, BTC DROPPED $700, AND SINCE THEN IT HAS STABILIZED
IT SEEMS LIKE BIG ENTITIES ALREADY HAD THIS INFORMATION IN ADVANCE, AND THE DUMP FROM $102K TO $95K WAS TO PRICE IN THIS FUD.
#BTC #ContentStar #BTC #DOGE