NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Bitcoin Price Slips Below $108,000: Peter Schiff Anticipates ‘Brutal’ Bear Market, CZ Responds
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Bitcoin Price Slips Below $108,000: Peter Schiff Anticipates ‘Brutal’ Bear Market, CZ Responds

$40M Bitcoin Auction Next Week May Cause a Bitcoin Flash Crash, Data Shows

Rick Delafont
Rick Delafont
1 year ago
2 mins read
crypto bitcoin flash

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

The US Marshals Service is preparing to auction around 4,000 of seized BTC (+$40 million). Previous sales have coincided with an aggressive down wick on Bitcoin price charts.

The sale will take place on February 18. There may, therefore, be an opportunity coming up to get exposure to Bitcoin cheap next week, even if you didn’t register to take part in the auction itself.

Will US Marshals Auction Prompt Another Bitcoin Dump?

Highlighting the sudden market crashes coinciding with the US Marshals’s prior auctions is Twitter user Trade or Die (@TradeorDie31). On the below chart, they demonstrate three other instances that saw a violent down wick.

The first two are January 11 and January 22.  The government agency auctioned more than 3,813 Bitcoin in a sale that took place across the two dates.

The next is March 19 2018. On this occasion, the US Marshals auctioned 2,170 Bitcoin.

US Auction 4000 #BTC On Feb 18th, 2020. Every time the US has come out with an auction, they've got the market to wick down and slam it up a few 100 Points. Gear up for the dips, it's just an opportunity to buy. Idea Generator : @SalsaTekila Mark the date pic.twitter.com/00rIHBbbIi

— Trade or Die (@TradeorDie31) February 12, 2020

The agency will hold another auction on February 18. It will sell a series of four different sized lots of Bitcoin. Five lots of 500 BTC are available, as well as 10 lots of 50 and 100 BTC. Buyers can also pick up the remaining 40.54069820 as part of a 26th lot.

According to a post to the US Marshals website, the agency seized the BTC from a substantial number of federal, civil, and administrative cases. To stand a chance of picking up some of the BTC at auction, you must have already registered for the sale.

Will the Auction Create Another Great BTC Buying Opportunity?

With the auction demanding attendees pay a $200,000 deposit and the market value of the smallest lot being more than double that figure, US Marshals don’t just let anyone buy their seized Bitcoin. To give you an idea of the kind of clientele likely in attendance, billionaire tech investor Tim Draper picked a sizeable chunk of his own Bitcoin position up from an early auction in 2014.

That said, you may still be able to take advantage of the sale without even being there, if past price action repeats. As Trade or Die comments, the market may well create a  great entry point next Tuesday:

“Gear up for the dips, it’s just an opportunity to buy.”

Although the flash crash phenomena does not line up with every US Marshals sale of Bitcoin (the agency has auctioned BTC since at least 2014 and made additional sales more recently than documented on the above chart), a few tactically placed buying orders could well yield some rapid returns indeed.

 

Related Reading: This Simple Observation Shows an Intense Bitcoin Downtrend is Imminent

Featured Image from Shutterstock.
Tweet123Share303ShareSend
Rick Delafont
Rick Delafont

Rick Delafont

Based in Europe, Rick has written about the cryptocurrency industry since 2016. He was first drawn to Bitcoin as a means of payment but quickly became fascinated by its wider potential implications. His interests lie in the political, economic, and social impact of the unfolding digital asset revolution.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Bitcoin

Bitcoin Holding Above Gaussian Channel, Bull Market Structure Still Intact

Bitcoin is trading around $107,000 after its recent flash crash, maintaining stability to prevent further decline but is yet to...

Scott Matherson 7 hours ago

Bitcoin Capitulation Intensifies As STHs Lose $750 Million Daily — Time To Buy The Dip?

The price performance of Bitcoin over the past two weeks has been a major source of concern, as the coin’s...

Opeyemi Sule 8 hours ago
Ethereum

Ethereum Kimchi Premium Spikes To New High — Sign Of Impending Sell-Off?

The price of Ethereum appears to be recovering nicely over the weekend after a period of investor uncertainty. The “king...

Opeyemi Sule 12 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Dogecoin news

Is The Dogecoin Bull Run Over? Analyst Sees Echoes Of 2021

Jake Simmons 1 hour ago
Bitcoin Price Stabilizes After Drop

Bitcoin Price Stabilizes After Drop — Early Signs Of Recovery Emerge

Aayush Jindal 4 hours ago
deepseek-ai-predicts-xrp-cardano-pepe-year-end-surge-maxi-doge-100x-tw

DeepSeek AI預測XRP、Cardano與Pepe年底暴漲 Maxi Doge引爆市場百倍幣預期

Kelvin Lee 5 hours ago

Premium Sponsors

Press Releases

  • イーサリアム 今後の価格動向:$4,232のレジスタンス再試し後に下落、しかし新興格安仮想通貨が10倍の可能性

    イーサリアム...

    1 day ago
  • ビットコイン 今後の価格見通し:下降トライアングル崩壊後、10万5,000ドルを下回る可能性はあるか?

    ビットコイン...

    1 day ago
  • シバコイン 今後はどうなる?価格予測と3日後に終了する注目プレセール

    シバコイン...

    1 day ago
  • パイネットワーク 価格 予測:1ドル以下で注目される次世代の有望仮想通貨が投資家の注目を集める

    パイネットワーク 価格...

    1 day ago
  • ドージコイン 今後:ナスダック報道後の大規模売却、次の大きな動きの前兆か?

    ドージコイン...

    1 day ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.