The whole "US govt dumping 65k bitcoin" scare is overrated.
1. They might not dump the holdings all at once.
2. They sold their BTC holdings before & the market took the coins without much price volatility.
3. They are sold through auction, which does not directly dump the asset onto the exchange. hence the impact would be cushioned further. It is not a 65k block of coins all in 1 order pressuring it down.
My take: be greedy when others are fearful 🙌
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