The United Kingdom wants to sell $7.2 billion Bitcoin
🔍 Short-term impact (1–3 weeks ahead):
Increased selling pressure: $7.2 billion BTC equivalent to ~100,000 BTC – too large if dumped all at once.
Negative market sentiment: Holders fear being "undervalued", many may sell early to avoid risks.
Widespread FUD: News of BTC sales often leads to panic selling, causing prices to drop sharply in the short term.
📈 Medium and long-term impact:
If sold OTC (over-the-counter): Little price impact, the market recovers quickly.
If sold directly on exchanges: Prices may plummet but will be an ideal DCA opportunity for long-term investors.
History has shown: The U.S. government has previously dumped thousands of BTC (seized from Silk Road), but the market subsequently recovered strongly.
✅ Advice for you:
Do not FOMO buy at high prices right now
Stick to your DCA plan, look for correction points to buy more
If BTC drops sharply to the $100k–$110k range, it could be an ideal DCA zone