A lot of Bitcoin enthusiasts were bullish about this year's market being one of the best we have ever seen which is normal due to the Bitcoin market's 4-year cycle that always provides new ATH prices.  
However, the current 4years cycle market is different from the previous one we have experienced and we should be ready for any surprises because the major investors and holders in this current market are institutional banking, private investment organizations, and the government.

This is what I pointed out some days ago not knowing that the US government would be the first to make a move by giving the DOJ the order to sell $6.5 billion in Bitcoin seized from Silk Road. However, the U.S. entities were said to hold 65% more Bitcoin than non-U.S. entities after Trump's national Bitcoin reserve announcement, and I believe they purposely doing selling of the BTC before Donald Trump's inauguration.

Are they going to sell more BTC or use the remaining as their national Bitcoin reserve?

Yes, I checked and no single BTC had been withdrawn from that wallet. Indeed, it's not good news. If we already dipped to this point when the said BTC hadn't even been touched, we can imagine what we happen when the market is flooded with it.

I know that Joe Biden government officials will not be happy for this massive pump of bitcoin, because it has touched $108k since Trump won the election, and the bitcoin they are holding for some years has accumulate which it will reach  the government to establish some new projects to contribute to the growth of their economic.

With this amount their bitcoins has accumulated to, I think it will give this new administration to make bitcoin a legal tender in the land of U.S because it will improve their economic that is heading to collapse,

I see that many bitcoiners are particularly concerned about the effect such liquidation would have on bitcoin's price. It is normal for any serious investor who understands how large scale selling could trigger volatility to be worried over the after effects of such sales. However, this might not entirely be bad news for everyone. Many are patiently waiting for an entry point into bitcoin, a price dip would be a perfect opportunity for them.

But from what I've read so far, the court has only given a "go ahead" to sell, no bitcoin has been sold already.  Whatever reaction the market is having right now might be motivated by FUD and anticipation for the actual sales.

Again, looking at the timing of these whole order, I am convinced that this decision to sell is politically motivated to discourage the incoming government.

Are they going to sell more BTC or use the remaining as their national Bitcoin reserve?

It's not that they are desperate to sell or make billions on those Bitcoin. We are still officially on Biden administration, and so with that they can still do whatever in their power to sell it to make it harder for the incoming President Trump.

With regards to FUD though, if you have to look at it, the news is on December 30, if I'm not mistaken, and it just resurface a couple of days ago. So there could really be some entities behind who wanted to create fear to pull the price down or the Biden administration, has political motives behind for wanting to sell the US Bitcoin.

Hopefully though in their last remaining days, they won't do that and just like what others say, it could be the first batch of Trump's Bitcoin reserve plan.

This is what I pointed out some days ago not knowing that the US government would be the first to make a move by giving the DOJ the order to sell $6.5 billion in Bitcoin seized from Silk Road. However, the U.S. entities were said to hold 65% more Bitcoin than non-U.S. entities after Trump's national Bitcoin reserve announcement, and I believe they purposely doing selling of the BTC before Donald Trump's inauguration.

Are they going to sell more BTC or use the remaining as their national Bitcoin reserve?

It's $6.5 Billion against a market cap of approximately $1.90 Trillion. Is it still a huge amount of money? Yes. Will it hurt Bitcoin? Not really, compared to the market cap, it's a minor amount, not capable of massively impacting the price in the long-term. It'll definitely dent its price, but how long do you think it will last? The FUD deriving from the sale is what is more likely to drive the price down, as people tend to panic in such situations, thinking there's something bigger behind the U.S government selling their Bitcoin.

Trump isn't in the chair yet, thus, Biden can still do as he pleases for the time being. Even if the sale actually occurs, it's very likely that Trump is going to buy it back, provided that he implements his idea of a Bitcoin reserve.

Obviously we still expect for more bullish trend for this month till maybe around March before we see a resentment the market price or change in season, but as for now, we are likely more going to see the bullish pattern till we achieve up to $130,000 plus or minus in bitcoin market price.


You're right about this, that is why some of the investors of bitcoin were being more sensitive at this time because of the possible more highs, all the last year events and activities that happened were record breaking achievements and we expect that they should be a cause for more prolonged bull season than anticipated.


Isn't it more better to assume that US are not investors of bitcoin, because their holdings are not what they have invested, instead seizures in their numbers, but we may have a change in all these, if the new present elect had a second thought on the policies and consider bitcoin for an investment in US, of course, i don't expect them to make their current holding a reserve, because all these does not belong to them.

Not all of his statements will be executed after his Inaguaration in coming days. There are many things and barriers against many of his great ideas and ambitious plans including his intention to build up a National Bitcoin Reserve for the USA.