Everyone is worried about Mt. Gox about to disburse 9 billion dollars worth of Bitcoin onto the market. Just know people who bought Bitcoin on Mt. Gox are OGs; most won't be automatically selling.
What people haven't really talked about is that FTX is going to disburse 19 billion dollars to creditors later this year. The court decision will be on October 7th. A lot of those users will be looking to get back into crypto. The Bull should have plenty of fuel left.
End of year Catalysts
-German Government Selling basically done
- Miner capitulation coming to an end
- Mt Gox disbursement fears behind us
- New pro crypto adminstration voted in
- ETF inflows continuing
- FTX disbursement
Yes anytime I write or say crypto I 🤮 inside lol.
Stay Humble Stack Sats
Ivan
npub1q8…aw95u
2024-07-11 20:18:51
Author Public Key
npub1q8w7u2ymrghfpp6v5dpg57jpgaj2djk340a2npwzq8n64ksk6wxq8aw95uPublished at
2024-07-11 20:18:51Event JSON
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"content": "Everyone is worried about Mt. Gox about to disburse 9 billion dollars worth of Bitcoin onto the market. Just know people who bought Bitcoin on Mt. Gox are OGs; most won't be automatically selling. \n\nWhat people haven't really talked about is that FTX is going to disburse 19 billion dollars to creditors later this year. The court decision will be on October 7th. A lot of those users will be looking to get back into crypto. The Bull should have plenty of fuel left. \n\nEnd of year Catalysts\n\n-German Government Selling basically done\n- Miner capitulation coming to an end\n- Mt Gox disbursement fears behind us\n- New pro crypto adminstration voted in\n- ETF inflows continuing\n- FTX disbursement\n\nYes anytime I write or say crypto I 🤮 inside lol.\n\n\nStay Humble Stack Sats",
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