!Strong movements expected for bitcoin in the coming days
Pixabay
bitcoin volatility jumped from 26.01% over the weekend to 28.86% in the last few days, according to data from intotheblock.com.
intotheblock
the coinglass settlement map also shows that there could be significant BTC settlements in both directions and this adds to the uncertainty over the moves that the US and German governments are making in recent days on their BITCOIN holdings.
ArkhamIntelligence
in the case of the United States they just transferred over $241M to coinbase prime, these bitcoin were seized during a drug trafficking case during a judicial process in January 2024 and regarding the German government bitcoin holdings we have also seen more outbound transfers, taking into account that the German government holdings have decreased in the last few days leads us to be alert because we do not know exactly what are the governments plans with their BTC holdings.
Pixabay
We have seen in the past that these moves create great uncertainty in investors as they favor more aggressive moves in the market so it is recommended to be careful in the coming days and try not to make high risk moves with over leverage.
Keep up the good work. 👏🎵
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