Bitcoin sell pressure may hit zero in July thanks to Grayscale’s giant 16K BT...

Bitcoin sell pressure may hit zero in July thanks to Grayscale’s giant 16K BT...

The biggest single unlocking day will flush sellers from the market in July, opening up both volatility and bullish potential. Institutional Bitcoin (BTC) investors are in the spotlight as an upcoming major cashout date sparks talk of fresh price volatility.As noted by popular Twitter commentator Loomdart and others this week, attention is focusing on buyers and sellers of the Grayscale Bitcoin Trust (GBTC) as Bitcoin hovers near $40,000.July means BTC price volatilityA giant in the institutional Bitcoin space, GBTC has over $24 billion in assets under management. It is not available....


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