🔹 Bitcoin is trading below $55,000 today for the first time since January.

🔹Yesterday, we already warned that the market could crash further due to increased selling pressure from the German government.

🔹 Today, FUD from Mt. Gox has rapidly increased, causing Bitcoin to break all important resistance levels.

🔹 The next major support is at $52,000, which is crucial to hold.

#bitcoin #MarketSentimentToday #marketcrash #MtGoxJulyRepayments