$BTC

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Bitcoin price #Bitcoin BTC recovered to $65,200😍😍😍 after the market dismissed recent BTC transfers by Mt. Gox.

Data from Cointelegraph Markets Pro and TradingView shows that Bitcoin recovered from a low of $62,410 on July 15 to an intraday high of $65,240.

High liquidations accompany Bitcoin's move above USD 65,000, short traders were caught off guard. According to data from Coinglass, more than USD 240 million have been liquidated in the last 24 hours, with USD 126.84 million occurring in the last 12 hours. Approximately $147.77 million shorted cryptocurrency derivatives traders have been liquidated in the last day.

Bitcoin price advances towards USD 66,000 between resistances

Bitcoin price shows resilience with a 3.2% gain in the last 24 hours, amid $1 billion in coins leaving the cold wallet linked to bankrupt exchange Mt. Gox.

Although some analysts seemed to ignore BTC's return above $65,000 due to fear of Mt. Gox-induced selling pressure, traders are optimistic about a sustained recovery for Bitcoin.👍🤑👌