Mt. Gox delays $4B Bitcoin repayments: Bullish or bearish for BTC price?
Bitcoin price has surged 85% since Mt. Gox began repayments, proving fears of a massive sell-off were overblown as demand easily absorbed supply.
Key takeaways:
Institutional demand and ETF inflows have thus far absorbed the redistributed BTC from Mt. Gox.
Rate cuts, trade optimism, and rising global liquidity strengthen Bitcoin’s path toward $150,000–$500,000.