After the United States approved the sale of a large amount of Bitcoin from the Silk Road, many are concerned that the sale of 69,000 BTC will break the support level of $90,000. Previously, Grayscale held over 400,000 Bitcoins, but after a series of sales, they currently hold about 200,000. Mt. Gox once held over 140,000 Bitcoins, but after the sale, only about 30,000 remain. Nevertheless, the price of Bitcoin remains strong, not only breaking $100,000 but also reaching an all-time high.
Therefore, even if the United States plans to sell 96,000 BTC, as long as it is not a large one-time sale, the market should be able to gradually digest this supply, making it unlikely for the price to fall below $90,000.