The BTC rate impulse goes below $61,000 on the news that Mt Gox announced the start of payments in BTC and BCH from July. The price reached $60,578, breaking through the volume level of $61,231. The fight is now going on for him.
Let us remember that#MtGoxwas one of the first crypto exchanges, which was hacked in 2014 for 850,000 BTC. Now Mt.Gox has 142,000#BTCand 143,000#BCHleft to pay out. At the end of May, they confirmed that they were preparing to pay off most of their debts in cryptocurrency.
The topic has been discussed many times - this is FUD, because there will be no sales on the issuance of these assets. For at least two reasons:
- this will not be a one-time sale of this entire mass of BTC (a group of people receives the asset),
- people who bought BTC before 2014 probably understand its value more than the average “crowd”.
It seemed that the Mt.Gox theme had already played itself out as a dump factor. But no, she's back in business.
It will be funny if the topic of Mt.Gox payouts will be the final takeaway in the decline before the reversal. This push to FUD for review doesn't change anything for now.
