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Rumor has it US Government just sold 10,000 #Bitcoin Worth $650,000,000 !!

It definitely left the wallet.

It seems every day there is a headwind... but this is not stopping others from stacking

Bitcoin is under strong accumulation right now

And it is the large wallets who have been stacking in high gear the last month

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Comments

Klick

Raoul Pal just said today there is no reason the US government needs to hold it because they are the reserve currency.

Eric

Buy order set, LFG

Sam'suncle

They shd return to btc to all the dark web users. The govt never paid for it so it doesn't belong to them. Can't see a bunch of mafia making claims tho :)

Schlaumeier

Surprised they even owned any yet alone 10000?

Krishna

Looks 1 step forward, 2 steps back

In the mood

Kamala is definitely anti crypto. What a fake

Mandrake8

If you have a 10 year time frame none of this matters

SOLace

Yes, but what a great " Backup" reserve currency It could be. Sorry to hear this...

Daniel882

Has James addressed the point about BTC price and the scale of manipulation. I know it is scarce but every time the supply gets low it tops itself back up, yes this isn’t forever but we were at these prices with retail leverage and fomo, we now have etf flows, nations talking about it, funds buying up billions…. Yet we are at 60k. Im a bit concerned we’re going to see a heavily manipulated few months. I would love to be proven wrong but if the big dogs want to accumulate they can keep this pressed down for a couple years whilst they stack what they want

Darth Bitcoin

Here is a positive outlook on BTC. Morgan Stanly has 15,000 plus wealth advisors now selling BTC ETFs. Assume each advisor only sells .33 BTC net every month. That is 5000 BTC a month taken off the market. That is 60,000 a year to generally long term holders. I think that is being conservative. That is one big institution. There are lots of big players. The rise of BTC is inevitable. Patience.

MGM

Only none of us have even 5 years with the speed AI evolves. And you assume there will be BTC or humanity in 10 years. Times have changed so dramatically that we don't evrn have a reference point anymore. More then half of intraday trading is done by bots. Try to compete, would be increasingly brutal and self destructive.

Marcel

I am concerned too regarding manipulation. Hope James adresses this issue in one of the next vids.