Mt Gox Moving $950M in Bitcoin Sparks Panic of Crash to $56K Realized Price

The post Mt Gox Moving $950M in Bitcoin Sparks Panic of Crash to $56K Realized Price appeared com. The beleaguered crypto exchange Mt Gox moved over 10, 608 BTC to a new wallet and Kraken on Tuesday. This sparked panic in the crypto community amid massive crypto liquidations in Bitcoin, Ethereum, XRP, BNB, Solana, Cardano, and other top altcoins today. Mt Gox Transfers Bitcoin Worth $936 Million After Bitcoin tumbled below $90K, defunct Japanese crypto exchange Mt Gox moved over 10, 423 BTC worth $936 million to a new wallet. Grabbing attention from crypto market participants, as the transfer occurred after 8 months of inactivity, Lookonchain reported on November 18. After a few hours, Mt Gox deposited another 185. 2 BTC worth $16. 8 million into Kraken. This caused selling pressure to mount amid the broader crypto market crash. Mt Gox-related wallet movements are typically considered bearish. The distributions are bearish for BTC price because many of the creditors may decide to liquidate into cash. Mt Gox Moves BTC to Kraken. Uncertainty in the crypto market continues, with long-term holders (LTH) and whales continuing to sell BTC. Whereas, some are buying the dip, such as the El Salvador government purchasing 1, 090 BTC worth $101 million. Mt Gox’s large amounts of Bitcoin movements sparked panic in the crypto community. Notably, investors have lost massively as the global crypto market cap tumbled by more than $1. 20 trillion over the past month. If historical patterns repeat this cycle, BTC is likely to continue falling until reaching its realized price. Crypto analyst Ali Martinez claimed that when BTC price breaks below the 200-day SMA, it typically falls under its realized price. Currently, BTC realized price sits at $56K. Analysts have noted that every BTC death cross formation has marked a local bottom for Bitcoin over the past year. However, a death cross formation in 2022 triggered a.

Machine learning algorithm predicts Bitcoin price on November 30, 2025

The post Machine learning algorithm predicts Bitcoin price on November 30, 2025 appeared com. Bitcoin (BTC) surged nearly 5% early Monday, November 10, climbing back above $106,000 after briefly plunging below $100,000 last week. The uptick came as investors rushed to “buy the dip” following a weekend marked by mass liquidations and leveraged losses, helping the market recover $170 billion in total market cap. Bitcoin’s latest upswing also aligns with a broader rebound in risk assets after reports that U. S. lawmakers reached a bipartisan agreement to end the 40-day government shutdown and revive investor confidence. Adding to the upbeat sentiment, President Donald Trump unveiled a proposal to use tariff revenues to fund $2,000 dividend payments for Americans and partially cover health care costs. With government operations set to resume and new fiscal spending expected, investors are rotating back into risk assets, including crypto. As further price swings are now expected, Finbold turned to its AI prediction agent to set the Bitcoin price by the end of the month. Surprisingly, the forecast suggests that the ongoing rally is going to be short-lived, as the average projected Bitcoin price for November 30 came in at $101,833, implying a 3. 84% downside from the current price of $105,956. BTC price forecast. 5 Flash. All three were decidedly bearish in their outlook. Gemini and GPT-4o delivered the most optimistic projection, expecting Bitcoin to drop to $103,500, representing only a 2. 27% downside. In contrast, Claude Sonnet 4 predicted a dip to $98,500, or a 6. 99% downside. The composite forecast indicates a mildly bearish consensus, signaling another potential correction phase in the coming weeks. Bitcoin price action Briefly climbing past $106,000, Bitcoin outperformed the broader.

Solana price retreats near $180 as technicals flag caution

The post Solana price retreats near $180 as technicals flag caution appeared com. Solana price is showing signs of weakness as clouds return to its short-term outlook, with the token drifting closer to a key support level. Summary SOL has dropped to $181, down over 6% on the day and more than 17% this week, as bearish momentum strengthens and sellers dominate the market. Technical indicators flash caution, with the RSI near 39 and key moving averages tightening, suggesting further downside if support fails to hold. A rebound could hinge on institutional demand and optimism around potential Solana-based ETF approvals, which have previously driven major recoveries in SOL’s price. Solana price is currently trading at $181, shedding over 6% in the past 24 hours and down more than 17% for the week. After rallying above $220 just over a week ago, the token has since tumbled on successive sessions of selling, reversing momentum built up at the start of the month. The sharp decline comes as bearish momentum strengthens on the charts. Solana (SOL) began its current slide after failing to reclaim the $210 threshold, with back-to-back red daily candles marking growing pressure from sellers. Technical signals point to a market unable to absorb recent high-volume liquidations, forcing the token down to test lower support. Solana’s retreat is part of a broader downturn in the crypto market, mirroring losses seen across top altcoins and following renewed weakness in Bitcoin and Ethereum. The parallel drawdown echoes last week’s major Friday selloff, which wiped more than 20% off Solana’s market value in hours and brought the token as low as $168. For now, bears are firmly in control as Solana price hovers at these critical levels. With volatility still high and no clear catalyst for a reversal, the question is whether current support can hold or if a deeper drop is imminent. Technical signals hint.