🚨MT.GOX🚨
The most talked-about event in crypto in the last few days, Mt. Gox has been the main catalyst around that which gives hope to the bears. 🐻
While the media will try to scare you with a massive sell-off in July, I am here to tell you that that is simply not true. ⛔️
They will tell you that 141,000 Bitcoin will be returned to retailers and cause massive selling pressure. 😤😱
What they won't tell you is that 65,000 Bitcoin will be purchased by institutions at a fixed price. 💰💸
I highly doubt they'd want to sell their Bitcoin right now. 🤔
While the rest of the supply will go to retail investors, they were given an option to sell their holdings to institutions but declined. 👑💪
With that information, I can confidently state that the selling pressure will be minimal. 📈
While a revisit of the $57,000 level might still not be out of the cards, I do believe Mt. Gox won't be the sole reason if that were to happen. 💯🌊
Remember, historically Mt. Gox FUD has been the signal for the short-term low being hit! 🚀💫
Bullish times lie ahead of us, stay calm and remember the reason we invest in crypto! 🎯
Life-changing profit is coming. Be ready! ⏳️
#MtGoxJulyRepayments #US_Inflation_Easing_Alert #Bitcoin❗ #CPIAlert #Altcoins👀🚀