The allegations that MtGox and the USA are selling Bitcoin (BTC) caused panic in crypto investors, while on the BTC side, close to 10 percent activity was seen.
Yesterday evening, news came that shook the crypto world deeply. Arkham Alert claimed that MtGox and the USA are selling BTC. BTC, which showed a remarkable rise in a short time, lost its value by 9.48 percent after this news. It was stated that this event, which caused panic among crypto investors, was not real. Tracked wallet addresses of MtGox and the US did not show such data. Until the news was stated to be false, there was a great panic in crypto investors. Will BTC, which has risen again, be able to gain upward momentum?
Bitcoin (BTC) Chart Analysis
BTC, which managed to reach $ 30,050, fell to $ 27,200 after the news of MtGox and the USA. BTC, which found buyers from 27,200 support, reached $ 29,000 again. During the peak hours of volatility, the BTC price continues to change rapidly. BTC, which is currently priced at $ 28,800, must exceed the levels of $ 29.181 – $ 29.981 – $ 30,425, respectively, in order to continue on the uptrend. The resumption of the panic environment may reduce BTC to $28.011 – 27.600 – $27.200 and $26,637, respectively.
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