⚠️🆘 Slowly Sinking! 🆘⚠️
⛔️ Most people believe that the Mt. Gox repayment will no longer affect the price. They are wrong. Why?
✅ This transaction does not represent a single, large, off-market sale that has no impact on the price, but rather tens of thousands of small investors. These are people who have been waiting for their money for 10 years. I would like you to understand the psychology behind this.
⛔️ Others say that this amount is negligible. They are also wrong. Why?
✅ The majority of the volume results from micro trades driven by bots, just look at the trade history. Please check the current history!
⚠️⚠️⚠️ This is a nightmare for traders when large amounts of cheap bitcoin appear simultaneously among thousands of small investors. ⚠️⚠️⚠️
What can be expected in the coming weeks?
Continuous selling pressure that will slowly but steadily drag the price down.
Remember, the sun always shines above the clouds, and this storm will pass eventually! 🌅
✅#BTC☀ #Mt_Gox_BTC_Dip #MtGoxJulyRepayments #mtgox #bitcoin☀️