Watch: Will the $5.5 billion Mt Gox payments due crash bitcoin? (youtube.com)
Japanese courts have given permission for those that lost bitcoins in the #bankruptcy of the Mt. Gox #cryptocurrency exchange to make a claim and have the 160,000 coins available returned.

Analysts are asking whether the process will see a crash in the price of bitcoin as claimants cash in their profits. IGTV’s Jeremy Naylor looks at recent price action in #bitcoin and also refers back to an interview IG undertook with RW Advisory technical analyst, Ron William.


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    Francisco Gimeno - BC Analyst There is a lot of movement in prices in cryptos now. The talk of the week is the activation of a dormant BTC account probably linked to Mt Box (Reddit dixit), and putting in the market different amounts of BTC for trading, thus affecting already the prices down. The speculation continues to be the main principle in the market. We will see what the Japan announcement brings in the next future. What do you think?