🚨 The UK is preparing to sell off 61,000 $BTC !

🇬🇧💰The government is preparing to sell off approximately £5 billion worth of Bitcoin (approximately 61,000 BTC) seized from a Chinese Ponzi scheme in 2018 to close the budget deficit.

🔁 If you recall, after Germany's 50,000 BTC sale last year:

📉 BTC jumped from 70,000 BTC to 53,000 BTC to 48,000 BTC in just 2 days!💭 Now, the market is on edge again:

🧞‍♂️ Investors who say "once the genie is out of the bottle" are focusing on the effects of the sale, not the timing.

⚠️ It's best to be cautious. While the sell-off hasn't started yet, we've seen what happened when it did.

🔗 Source:

@LiveBTCNews

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