Peter Schiff Predicts Further Bitcoin Plunge Ahead of Mt Gox Payouts — Declares BTC in Official Bear Market
Submitted by Anonymous (not verified) on Wed, 06/26/2024 - 02:50

In the midst of the general pessimism that surrounds the cryptocurrency space and Bitcoin currently, famous crypto analyst and trader Doctor Profit
The German government is continuing to actively liquidate portions of its substantial Bitcoin (BTC) holdings, transferring significant sums to vari

On-chain data shows the Bitcoin Supply in Profit has taken a significant hit following the crash the cryptocurrency has seen recently.
Bitcoin's long-term holders are the main profit-takers in the market, influencing price stability and market cycles.
Rep. Matt Gaetz has introduced legislation to allow Americans to pay federal income taxes with Bitcoin and integrate crypto into the system.

The German government has moved substantial amounts of Bitcoin to crypto exchanges, potentially signaling intentions to sell.
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