The incoming selling pressure from the Mt. Gox repayment could still cause Bitcoin’s price to fall below the psychological $60,000 mark.
Over $122M Bitcoin longs liquidated as BTC falls below $61K
![Over 2M Bitcoin longs liquidated as BTC falls below K Over 2M Bitcoin longs liquidated as BTC falls below K](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMDYvODYyN2Q0ZmQtMGEyMS00NGU5LTg0MmMtOGFiYTQxYjM3NjQwLmpwZw==.jpg)
The incoming selling pressure from the Mt. Gox repayment could still cause Bitcoin’s price to fall below the psychological $60,000 mark.