📢 Heads up, crypto fam! 🚀

July's looking bright for Mt. Gox users as they might finally get their long-awaited restitution. But, it's got the market a bit jittery, fearing more sell-offs. 😬

• Bitcoin's been on a bit of a rollercoaster, dipping under $60k, rebounding, then taking another hit. 🎢

• Q3 might be a quiet one for Bitcoin, thanks to the uncertainty around Mt. Gox's fund distribution. 🤷‍♂️

Despite the US equity market hitting new highs, Bitcoin and Ethereum are chilling around $57k and $3k, respectively. 📉

• The options market is leaning towards a year-end rally, with lots of interest in longer-term options at the 100k and 120k strike prices. 🎯

• But, QCP Capital reckons Bitcoin's Q3 will be "subdued" because of the potential supply impact from the Mt. Gox release. 🤔

Mt. Gox lost a whopping 850,000 Bitcoin in 2014, owing about $9.4 billion to its creditors. They've been waiting over a decade for their funds. 😓

While the repayments starting in July are a relief for users, it's causing some worry about more selling pressure in the market. 📊

What do you think? Will the Mt. Gox payouts cause a market shake-up? Let's chat in the comments! 💬 #CryptoNews #Bitcoin