With Germany completing its Bitcoin sell-off, ETF inflows have resumed, signaling renewed institutional confidence. Bitcoin is recovering around $63,000, aiming to surpass $65,000. However, potential Mt. Gox repayments could introduce future volatility, as analysts predict significant selling pressure from the $8.2 billion owed.
Key Insights:
Germany has finished its Bitcoin selling, no longer affecting the price.
Bitcoin ETFs are receiving inflows again, showing institutional investor confidence.
Bitcoin is currently near $63,000, attempting to break the $65,000 barrier.
Future volatility could arise from Mt. Gox repayments, with investors possibly selling a large portion of the $8.2 billion owed.
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