mt.gox

🚨 MT. GOX JUST MOVED $739 MILLION IN #BITCOIN!

The collapsed exchange transferred 10,422 BTC to a fresh wallet in its biggest move in months, reigniting fears of potential sell pressure across the crypto market.

👀 With the October 2026 repayment deadline approaching, Mt. Gox still holds over 34,500 BTC worth $2.4 BILLION.

If those coins eventually reach creditors, Bitcoin could face a major supply shock that traders are watching closely.
$NEAR $TAO $BTC

#Mt.Gox

⚡ URGENT NEWS

#Mt.Gox将启动偿还计划 transfers $731 million in Bitcoin to a new wallet as part of the debt repayment process to creditors

Mt. Gox, the defunct Japanese crypto exchange, transferred 10,306,$BTC (valued at around $731 million) to a new wallet on Thursday, signaling ongoing progress in its long-delayed debt repayment process to creditors. The transfer marks another significant milestone in the recovery efforts that have been ongoing for more than a decade since the exchange's collapse in 2014. In a related transaction, 116.3 BTC worth $8.16 million were transferred from #Mt.Gox

URGENT!!!!! #MT.GOX , the dead man loaded with $BTC is moving over 10k of that Ponzi shit to 2 wallets, one unknown and the other his own, this year he has to sell and #MichaelSaylorBTC knows it, he's scared, the crypto world is scared, where are we headed? hit me with a like, insult me and share.

🚨 OVER $1.5 BILLION IN LONGS GOT WIPED OUT AND ALTCOINS ARE HOLDING UP BETTER THAN BTC 🩸📉

👀 Keep an eye out because there's something pretty unusual happening that we haven't seen in a while

follow me for more

📊 Over $1.5 billion in long positions were liquidated in the last 24 hours 💀

🐟 Thousands of #trader s were betting on a quick bounce

And they ended up feeding the market makers once again 😭

🔥 But the most interesting part isn't the liquidation

🔥 The most interesting part is that many altcoins are dropping less than #bitcoin

📉 While $BTC is taking all the selling pressure

📈 Several altcoins are holding up better than expected

🐳 Why is this happening?

Because the current drop seems closely tied to specific Bitcoin factors

😳 Among them:

🩸 The news about #strategy and BlackRock selling has already been confirmed

🩸 The moves of #Mt.Gox

🩸 The outflows of #etf

🩸 Institutional fear

🩸 The mass liquidations of longs

📊 Additionally, Bitcoin's dominance is pulling back hard

And when dominance drops while altcoins hold up better...

👀 Historically, this is often interpreted as a signal of capital rotation into other assets in the crypto market

⚠️ That doesn't mean altseason is guaranteed

⚠️ It also doesn't mean altcoins won't drop afterwards

But it does show that for now, they're absorbing the hit better than BTC

😈 What many aren't seeing is that if Bitcoin finds a bottom and rebounds

Altcoins could react even stronger due to this relative resilience

😭 Don't trade recklessly

A week ago, they were liquidating longs

Today people are opening shorts

And tomorrow they could get liquidated too 😂💀

🔥 What a crazy situation the market is brewing

👀 Do you think this drop in BTC dominance is the start of an altseason or just a temporary reaction to the fear surrounding Bitcoin? 🚀🐳📉🔥🩸

🚨 BTC IS PLAYING FOR ITS LIFE AT 61K, WILL IT BOUNCE OR HEAD TO 53K? 🩸📉

👀 Keep an eye on this because this is a zone that has historically been very important for Bitcoin.

Follow me for more

📊 $BTC is battling near its 200-week moving average (200W SMA), one of the most watched indicators by long-term investors.

🐳 Historically, this zone has helped mark key bottoms during:

🩸 The collapse of #Mt.Gox

🩸 The bear market of 2018

🩸 The COVID crash

🩸 The disaster of #FTX

🔥 But what many are not seeing is that no moving average is a magic shield.

It can hold

It can break

And it can recover afterward.

😳 What's interesting is that right now the market has:

🩸 #fearandgreedindex in extreme fear.

🩸 Over $2 billion recently liquidated.

🩸 A lot of bearish pressure.

🩸 But also a huge amount of #short s accumulated above.

🐳 My reading remains the same.

📈 A strong bounce from this zone would be totally normal.

#BTC historically rarely drops in a straight line.

But if the 61k level gets lost with volume and no buyers appearing...

🎯 57k

🎯 53k

🎯 Even the psychological zone of 50k

Would start to seriously enter the conversation.

🔥 The curious thing is that more and more people are convinced that 50k is coming.

And when everyone points to the same target, Bitcoin tends to make the majority suffer 😭😂

📊 If you ask me today:

👉 Technical bounce from this zone: quite probable.

👉 Immediate shift to bullish trend: I don’t see it yet.

👉 Visit to 53k if 61k completely gives way: possible.

👉 Direct drop to 53k without significant bounces: less likely according to BTC’s historical behavior.

😭 Don’t trade, damn it.

Because the longs have already been wrecked.

And now many shorts are starting to feel too comfortable 😈🩸

🔥 Do you think that 61k will be another historical bottom like in previous cycles or will we see BTC seek 53k before finding a floor? 🐳📉🚀🩸🔥

🚨 WHY 53K COULD BE SUCH AN IMPORTANT ZONE FOR BTC? 🩸📉

👀 Keep an eye out because this is where real fear kicks in

follow me

The 53k mark roughly aligns with recent estimates of Bitcoin's production cost for many miners 🐳

📊 Historically, #BTC doesn't usually stop right there

🩸 In 2018 it dropped below

🩸 During COVID it fell below

🩸 After #FTX it went under

🔥 And when that happens, total panic sets in

😈 You'll see many saying:

"No way $BTC is dead"

"#blackRock sold"

"#strategy sold"

"#Mt.Gox sold"

"The banks won"

"The reptilians"

"The neoliberals"

"This is over" 😂💀

🐳 Meanwhile, historically strong hands do the opposite

💰 They buy when no one wants to buy

💰 They accumulate when fear is extreme

💰 They take advantage when everyone is convinced disaster is looming

📉 If BTC loses the 53k level, a dip to 47k-48k wouldn't be impossible following historical capitulation patterns

📊 My reading would be:

🎯 60k = key psychological zone

🎯 53k = production cost and significant support

🎯 47k-48k = maximum fear scenario if the market enters total capitulation

🔥 But remember one thing

Bitcoin rarely gives most traders the perfect entry point

😭 When everyone expects 47k, it often bounces back before hitting that

😭 When everyone expects a bounce, it often drops further

👀 If BTC hits 53k-47k with extreme fear and massive liquidations, will it be the buy of the decade or is there still another shakeout to come? 🐳🩸📉🚀🔥

@BTC - $BTC
Is the price of $BTC going to drop to $65,000 soon as capital outflows from the #etf ramp up?
SUMMARY
1) The price of Bitcoin has fallen below the $70,000 mark, with ETF outflows exceeding $3.4 billion while #Mt.Gox moved $739 million worth of BTC.
2) Over $744 million in liquidations hit the market after BTC lost the support zone between $72,000 and $73,000.
3) Analysts estimate that the next key support is at $68,700 and at $65,000 if selling pressure continues.
NOTE
This is not financial advice, do your own research!
@BNB Chain $BNB
#BTC #BTC🔥🔥🔥🔥🔥 #BTCvsAI