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Mt. Gox Moves 11,500 Bitcoins Again, Major BTC Price Volatility Ahead?

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Summary
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62% Informative

Mt. Gox exchange moved 10,608 BTC to a new wallet and 893.4 BTC sent to a warm wallet.

This is the second large-scale Bitcoin movement done by the exchange this month of March .

Analysts highlight critical resistance level for Bitcoin at $ 89,000 , where the 50-day MA aligns with a descending trendline stemming from Bitcoin ’s all-time high.

Bitcoin daily trading volumes have surged by a massive 97% since March .

VR Score

37

Informative language

22

Neutral language

54

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formal

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English

Language complexity

45

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not offensive

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short-lived

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