Peter Schiff claims that in January 2025, China sold BTC amounting to over 100,000 USD. Reports suggest that the Chinese government may have secretly liquidated 20 billion USD in seized Bitcoin from scams, raising concerns within the crypto community.

Despite Bitcoin’s increasing attention, prices are struggling to maintain momentum, recently dipping to around 84,333.20 USD. This market pressure, while concerning for short-term holders, could serve as a precursor to recovery if key support levels hold.