MT.GOX has paid back 140k $BTC , approximately $9 billion, but it's only a small change compared to mid-May!
💰 Despite concerns about selling pressure, no sale of bitcoin or bitcoin cash (BCH) took place, as claimed by recovery commissioner Nobuaki Kobayashi. And the market only dropped 1.4% by retail investors and followed the downward trend of the previous month which is normal.
♻️ On average, each day the trading volume of $BTC is about 30 billion USD and 9/30 billion USD is only equal to 30% and has not yet reached the last session and the beginning of the day (this is the time when the creator intervenes and changes the main volume as well as price decision).
🤫 The further decrease in price creates liquidation on the long side, which is an opportunity for big players to push back with higher profits and the bitcoin market with a capitalization less than 1/100 times the stock market. And most recently, the spot ETF fund has not really done its best because the weekly/monthly volume has not shown any signs of being too sudden.
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Still with my old perspective, btc will sideways from 60k-67k and it's best to wait for a confirmation with as large a volume as possible to enter.