This is how low Bitcoin could fall

Welcome to BlockBlick, your weekly podcast that explains the complex crypto world simply.

In this special episode we analyze the current market movements and the dramatic price losses of Bitcoin and Ethereum. We examine the impact of sales by various governments and the repayments of the former Mt. Gox exchange in 2014 and discuss how low the Bitcoin price could fall.

➡️ Bitcoin on the decline: Bitcoin has fallen by 10% on a weekly basis, Ethereum even by 15%. We explain the background and give a forecast as to what could happen next.

➡️ Government Sales: The German government and the US government are selling large amounts of Bitcoin. Find out what impact this is having on the market and why these sales are particularly critical now.

➡️ Mt. Gox Repayments: The former Mt. Gox exchange from 2014 is starting to pay back Bitcoin to those affected by the hack. These new sales add further pressure to the market.

➡️ Liquidity Issues: Why low liquidity in the markets is increasing selling pressure and what this means for the future of Bitcoin.

➡️ Panic selling: How are investors reacting? We analyze social media sentiment and look at how many traders have been liquidated.

➡️ Long-term outlook: Despite the current panic, there are positive signals in the long term. We discuss how the market could recover and what factors play a role.

Florian Seffert: CTO of a software company, expert in smart contract programming and staking nodes.
X: https://x.com/seffertflorian

Leon Waidmann: Master of Science in Blockchain and Digital Currency, specializing in smart contract platforms, on-chain data analysis, DeFi and crypto gaming.
X: https://x.com/LeonWaidmann

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