币世界老魏

The German government is selling the bitcoins they hold. Some group members said that the market plummeted because of this. Is this true? First of all, the data on the chain will not lie. The German government is indeed selling bitcoins. However, as of now, the total amount of bitcoins sold by the German government is about 200 million US dollars. This amount cannot cause a large fluctuation in the price of Bitcoin. The reason for the market cannot be attributed to the German government selling coins. So what does the German government's sale of Bitcoin represent? Does it mean that it is bullish? Is it going to end early? Or does it mean that the German government is not optimistic about Bitcoin? The answer is nothing, because the government is a very complex bureaucratic system. It has its own decision-making mechanism, and we don’t understand them.

But I am very sure that in this decision-making mechanism, the price factor of Bitcoin is only secondary. No matter how much the price of Bitcoin is, the German government will sell it. He has made this decision. Of course, there are also dissenting voices among Germans. For example, a German parliamentarian publicly stated on social media that the German government’s sale of Bitcoin is short-sighted. They should learn from the United States and regard Bitcoin as a national strategic reserve. They should not sell these. Anyway. The German government holds a total of about 40,000 bitcoins, which are worth about 2.5 billion US dollars. Frankly speaking, even if the German government sells all of the 2.5 billion in July, the impact on the Bitcoin market will be limited. The market decline has its own logic. We don’t have to stick to a specific government reason. For friends who have not yet entered the market, now is actually a very good time to enter the market. Let go of fear and get on board bravely. #德国政府转移比特币 #非农就业数据即将公布 #Mt.Gox将启动偿还计划 $BNB $BTC $SOL

Can only send a ten-minute analysis video, and the size is still 200mb, I'm also drunk.

Bitcoin has shown a stop-loss signal. The four-hour chart shows the Bollinger Bands extending upward, and the trend is gradually breaking through the resistance level. The MACD is showing a bullish trend with large volume, and the KDJ maintains a golden cross upward trend. Intraday trading recommendations are to focus on lows, relying on the support below to gradually increase positions.
Trading Recommendations
Bitcoin: Trading around 110,800-111,100, with a potential upside potential of around 112,500.
Concubine: Trading around 4290-4310, with a potential upside potential of around 4500.

From the current market perspective, the current price comparison is fluctuating above the 123,000 level, which is the focus of short-term bullish and bearish contention. The hourly MACD indicator maintains a golden cross state, but the bullish momentum is still present, so caution is needed for potential pullback pressure caused by short-term profit-taking. The market is leaning towards high-level fluctuations today, with Bitcoin breaking through 113,485 confirming strength, while Ethereum needs to stabilize above 4,300.

Operational Suggestions
Bitcoin targets 114,500 around 120,000 to 120,500.
Ethereum targets 4,350 around 4,200 to 4,230.