Institutional fire sales, BlackRock, Coinbase and Binance are selling Bitcoin.

[PremiumcryptoHub]

Bitcoin prices are in a very bearish phase, which is creating an uncomfortable situation in many ways, especially among investors and various crypto traders. Many are blaming Trump's provocative actions for the sudden plunge in Bitcoin prices because we saw that he imposed very cruel tariffs on China that shook the entire world economy, as well as the stock market and crypto market collapsing. Their actions have left all investors in a very suspicious situation because many are unable to contain their emotions due to the market's downward trend.

There is no sign of an upward trend in the market, yet it is currently apparent that big whales like BlackRock, Coinbase and Binance have dumped a huge amount of Bitcoin in just six hours, actually they sold $1.1 billion worth of Bitcoin, On the other hand, it is notable that ETFs are seeing a large amount of outflows.

Indeed, they may be responsible for such a stage in the market because there is no possibility that Bitcoin will create a strong resistance in the market. Bitcoin touched $126k in October but big whales are selling Bitcoin showing a weak sentiment as a result, if we observe the market at the moment, we see that Bitcoin is at a very low level, i.e., fluctuating between $106K.

It's time to buy the dip and hold so this golden opportunity should not be missed, especially for those who have cash flow.


Bitcoin price: BlackRock, Binance, and Coinbase dump $1.1 billion in Bitcoin in 6 hours https://m.economictimes.com/news/international/us/blackrock-binance-and-coinbase-dump-1-1-billion-in-bitcoin-in-6-hours-heres-what-we-know/articleshow/124631609.cms

[Ambatman]

BlackRock don't own any Bitcoin so they ain't selling
Who's selling are the investors that they are holding for.
Binance and Coinbase are selling either as manipulation or because people are seeking usdt than owning Bitcoin.
Which means investors are selling. Uptober isn't out yet. Just a shake out. It would close in green.

[ruykeri]

The price of Bitcoin ups and down is a common structure. And companies can sell Bitcoin. They have enough freedom in this. In the meantime, a few countries and companies have bought Bitcoin and many have decided to buy. If the price continues to fall further, those who hold will continue to buy more Bitcoin. However, due to various decisions of Trump and USA and new decisions of global policies, the stock market including Bitcoin has many effects. However, Bitcoin has always turned around from this kind of situation. Even if the market is at a bearish level, it will become bullish over time. So there is no need to panic so much. Only those who are patient during these times can be successful in the future. I am not worried about the price of my Bitcoin falling. I am still continuing my accumulation. I think that the price falling now is a great opportunity for those who are in the initial stage like me. The more aggressively you can do dca now. China Russia and some companis still now in positive in btc
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[Qhunman]

The price of Bitcoin ups and down is a common structure. And companies can sell Bitcoin. They have enough freedom in this. In the meantime, a few countries and companies have bought Bitcoin and many have decided to buy. If the price continues to fall further, those who hold will continue to buy more Bitcoin. However, due to various decisions of Trump and USA and new decisions of global policies, the stock market including Bitcoin has many effects. However, Bitcoin has always turned around from this kind of situation. Even if the market is at a bearish level, it will become bullish over time. So there is no need to panic so much. Only those who are patient during these times can be successful in the future. I am not worried about the price of my Bitcoin falling. I am still continuing my accumulation. I think that the price falling now is a great opportunity for those who are in the initial stage like me. The more aggressively you can do dca now. China Russia and some companis still now in positive in btc

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China don't have any future plans of buying $40B worth of Bitcoin for a Bitcoin Strategic Reserve. Please disregard such information,it's fake and misleading . I think you might also wanna see this - :
 https://www.thecryptoalert.com/post/xi-jinping-says-china-to-legalize-and-to-buy-40b-of-xrp-for-their-crypto-strategic-reserve

https://x.com/patato_ass/status/1979283392521998790?t=wVYFA7p9N1SZk7RtD4zoLw&s=19

However institutions and big countries are buying Bitcoin, individuals will continue to sells and big whales will continue buying and Hodl because in the future,Bitcoin will be hard to get. The total supply is limited, Bitcoin adoption is increasing, Demand for Bitcoin is growing higher and it's outpacing the supply in the market and over the years,Bitcoin will become scarce and the value will increase. Institutions and individuals who are stacking and Hodl will own more Bitcoin and will benefit the most for not selling.

[PremiumcryptoHub]

The price of Bitcoin ups and down is a common structure. And companies can sell Bitcoin. They have enough freedom in this. In the meantime, a few countries and companies have bought Bitcoin and many have decided to buy. If the price continues to fall further, those who hold will continue to buy more Bitcoin. However, due to various decisions of Trump and USA and new decisions of global policies, the stock market including Bitcoin has many effects. However, Bitcoin has always turned around from this kind of situation. Even if the market is at a bearish level, it will become bullish over time. So there is no need to panic so much. Only those who are patient during these times can be successful in the future. I am not worried about the price of my Bitcoin falling. I am still continuing my accumulation. I think that the price falling now is a great opportunity for those who are in the initial stage like me. The more aggressively you can do dca now.

It is certainly a common concept that Bitcoin prices fluctuate in the market, but I mean that institutional fire sales, in fact, what this means is that some big whales suddenly sold Bitcoin in the market, as a result the cryptocurrency market was headed towards a downward trend and the market fell into a recession. However those who can handle themselves in this situation will see an opportunity to succeed in investing because the market dip may be a time for investors to test their patience. You are correct that this historic Uptober Bitcoin price decline was a prime opportunity to aggressively DCA  but this opportunity is perhaps most available to those with cash flow.

China Russia and some companis still now in positive in btc

Everyone is free to analyze Bitcoin and buy Bitcoin so we constantly hear news that different countries and companies are positive about Bitcoin. Likewise, Notice that the ruling dynasty of Abu Dhabi already owns a lot of Bitcoin, perhaps they are also very positive about Bitcoin because the Abu Dhabi dynasty may have an idea of Bitcoin's upside potential.


https://x.com/Vivek4real_/status/1979606166503395476?t=fMj5VAjOiB3A0B_7qWHuPg&s=19