Galaxy Client Sells $9B BTC Citing Quantum Fears ? what exactly happen ?

Bitcoin just survived a massive 9 billion dollar sell off and the market is holding strong!

A huge Bitcoin whale recently sold 9 billion dollars worth of BTC through Galaxy Digital. Many people were worried but the market was strong enough to absorb all that selling. The price is now steady around $73,747 which is a great sign of strength

What You Need to Know

Why the sale: It was just strategic profit-taking by a big investor. It was not because of bad news or problems with Bitcoin technology.

Quantum Safety Galaxy CEO Mike Novogratz confirmed that Bitcoin is safe and people should not fear quantum computing threats.

Market Health: Long-term holders are not panicking. Most people are still holding their coins and the trading volume is high.

Technical View

Support Zone: Watch the $73,581 to $76,702 range. If Bitcoin stays above this it shows the buyers are in control.

Momentum: The RSI is at 68 which is neutral. This means the market is balanced and not over-pumped right now.

The bottom line is that Bitcoin passed a big test today. Even a 9 billion dollar sale couldn't crash the price. This shows how much liquidity and trust there is in the market right now.

Disclaimer: This post is for information only and is not financial advice. Always do your own research before investing your money