šŸ”„ BREAKING: U.S. Government Gets Court Approval to Sell $6.5 Billion in Bitcoin

Wondering why Bitcoin is dipping? Here’s the scoop:

The U.S. government just received the green light to sell 69,370 BTC seized from Silk Road, the Bitfinex hack, and James Zhong. This stash is valued at $6.5 billion.

But does this mean Bitcoin is doomed? Let’s break it down:

1ļøāƒ£ Will This Crash Bitcoin?

No. The market is overreacting.

This sale isn’t sudden or unexpected.The government’s BTC holdings were already priced in—it’s not a surprise event.

2ļøāƒ£ Will the U.S. Sell Now?

The incoming Trump administration has pledged not to sell BTC and even floated the idea of a Strategic Bitcoin Reserve.However, the current administration seems eager to liquidate before January 20.It’s a race against time.

3ļøāƒ£ Trump’s Strategy: Bold or Bluff?

Trump told Bitcoiners: ā€œNever sell your Bitcoin.ā€But will these seized reserves ever become part of a national Bitcoin strategy? Unlikely.Holding such reserves is politically risky and operationally complex.

4ļøāƒ£ Were the BTC Already Sold?

Some speculate the government pre-sold these BTC via a credit line from Coinbase.Here’s why that’s false:No one would pay a premium for $6.5 billion worth of Bitcoin through a credit line.That’s not how the market operates.

5ļøāƒ£ From a Trader’s Lens

As someone who’s traded at a Swiss hedge fund and built a crypto market maker, I can tell you this:

This isn’t about Bitcoin’s fundamentals—it’s short-term noise amplified by the media.Long-term holders know:U.S. selling BTC doesn’t kill Bitcoin.If anything, it highlights Bitcoin’s resilience.

The Bigger Picture

Let’s be clear:
āœ… The seized BTC weren’t pre-sold.
āœ… This sale doesn’t mark Bitcoin’s downfall.
āœ… Bitcoin’s long-term story remains rock solid.

What’s your take?
Does this news impact Bitcoin’s trajectory? Let me know your thoughts! 🧠

#BTC #USBTC