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Bitcoin: How Mt. Gox’s $9B BTC transfer did now not hurry the market
Bitcoin: How Mt. Gox’s $9B BTC transfer did now not hurry the market

Written by Adewale Olarinde

May 30, 2024

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Ghost of Mt. Gox: $9.4 billion in Bitcoin moves without market hurry

– Recent Bitcoin actions from Mt Gox have been observed, but they have not affected the market yet.
– Analysis shows a decrease in Mt Gox’s Bitcoin holdings.
– Transfers from Mt Gox have not had a significant impact on the market.
– There have been no major movements in Bitcoin supply on exchanges.
– Interest in Bitcoin remains high, with significant money flow.
– The investment price pattern indicates a positive sentiment.
– Bitcoin is currently trading at around $67,120, experiencing a slight decline.
– The daily chart shows a bullish pattern for Bitcoin.

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