{"id":522045,"date":"2023-03-06T22:00:24","date_gmt":"2023-03-06T22:00:24","guid":{"rendered":"https:\/\/ktsl888.com\/?p=522045"},"modified":"2024-06-11T14:33:05","modified_gmt":"2024-06-11T14:33:05","slug":"key-week-ahead-for-bitcoin-as-mt-gox-payments-approach-will-btc-hold-above-22000","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/key-week-ahead-for-bitcoin-as-mt-gox-payments-approach-will-btc-hold-above-22000\/","title":{"rendered":"Key Week Ahead For Bitcoin As Mt. Gox Payments Approach, Will BTC Hold Above $22,000?"},"content":{"rendered":"<p><span style=\"font-weight: 400\">Bitcoin (BTC) bulls have withstood the selling pressure that pushed the price below $23,000 last week. As BTC holds above the previous trench of $22,000, there&#8217;s another concern for the bulls as the days go by.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Mt. Gox payments are approaching, and there are two critical scenarios for the most prominent cryptocurrency on the market as it challenges a fundamental level. Will Mt. Gox&#8217;s BTC payments support a persistent bear market, or will the bulls have the strength to break the consolidation and push the price higher to confirm a new bull market cycle?<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/ktsl888.com\/crypto\/lido-finance-ldo-is-down-18-in-7-days-buy-the-dip\/\" target=\"_blank\" rel=\"noopener \">Lido Finance (LDO) Is Down 18% In 7 Days, Time To Buy The Dip?<\/a><\/div>\n<h2><b>Mt. Gox Payments To Creditors Will Mark A Before And After For BTC Price?<\/b><\/h2>\n<p><span style=\"font-weight: 400\">Mt. Gox creditors are set to receive their payments after a 9-year liquidation process. Launched in 2010 and based in Tokyo, Japan, the defunct Bitcoin exchange handled over 70% of all BTC transactions worldwide until early 2014, when it ceased operations.<\/span><\/p>\n<p><span style=\"font-weight: 400\">In 2014, Mt. Gox suspended its trading services, shut down its website and exchange services, and filed for bankruptcy protection from its creditors after the platform was hacked. The liquidation process began in April 2014. The company declared it lost nearly 750,000 of its customers&#8217; BTC and about 100,000 of its BTC, totaling about 7% of the Bitcoin in circulation at the time, valued at $473 million.<\/span><\/p>\n<p><span style=\"font-weight: 400\">According to an <\/span><a href=\"https:\/\/www.mtgox.com\/img\/pdf\/20230106_announcement_en.pdf\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">announcement <\/span><\/a><span style=\"font-weight: 400\">released by Mt. Gox trustee Nobuaki Kobayashi in early January, Mt. Gox&#8217;s creditors have until March 10 to choose a payment method, divided into four groups:<\/span><\/p>\n<p><span style=\"font-weight: 400\">-Early Lump-Sum Repayment<\/span><\/p>\n<p><span style=\"font-weight: 400\">&#8211; Repayment for a Portion of Cryptocurrency Rehabilitation Claims in Cryptocurrency<\/span><\/p>\n<p><span style=\"font-weight: 400\">&#8211; Repayment by Bank Remittance\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">&#8211; Repayment by Remittance through a Fund Transfer Service Provider\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">As concerns mount following the release of BTC payments to the defunct exchange&#8217;s creditors, the question of whether it will affect the price of Bitcoin has emerged. Strategists at financial services firm UBS, James Malcom and Ivan Kachkovski, have stated that &#8220;the Mt. Gox payouts are unlikely to destabilize the value of BTC.<\/span><\/p>\n<h3><b>Will The Selling Pressure On Bitcoin Continue?<\/b><\/h3>\n<p><span style=\"font-weight: 400\">If the bulls can avoid massive selling pressure from Mt. Gox creditors, they can retest the $24,000 resistance level that BTC has been unable to recover from since last week. On the other hand, Bitcoin has a strong floor at the $22,000 level that has held since volatility dropped and selling pressure increased in recent hours.<\/span><\/p>\n<p><span style=\"font-weight: 400\">According to a Twitter <\/span><a href=\"https:\/\/twitter.com\/BaroVirtual\/status\/53148161?s=20\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">post <\/span><\/a><span style=\"font-weight: 400\">by market research and data analysis firm Barovirtual, the bearish pressure intensified, resulting in the price action being trapped in the current range without a significant move higher.<\/span><\/p>\n<figure id=\"attachment_522046\" aria-describedby=\"caption-attachment-522046\" style=\"width: 860px\" class=\"wp-caption aligncenter\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"wp-image-522046 size-large\" src=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/03\/FqiXjOYXoAI1gio.jpg?resize=860%2C507\" alt=\"Bitcoin \" width=\"860\" height=\"507\"><figcaption id=\"caption-attachment-522046\" class=\"wp-caption-text\">BTC selling pressure intensifies. Source:<a href=\"https:\/\/twitter.com\/BaroVirtual\/status\/53148161?s=20\" target=\"_blank\" rel=\"noopener nofollow\"> BaroVirtual.com on Twitter<\/a><\/figcaption><\/figure>\n<p><span style=\"font-weight: 400\">In addition, since the end of February, BTC&#8217;s Average Return Index, which monitors the average profitability of exchanges, has suffered a decline in trader productivity, which, according to Barovirtual, could indicate that Bitcoin needs to &#8220;cool down&#8221; to the lower $21,000 range.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">As the bulls run out of steam at this market stage, BTC may see a correction to lower levels and retest its next support lines. However, if the released Bitcoin does not affect BTC&#8217;s value, bulls may have a chance to stop the selling pressure and hold the $22,000 support for further continuation of the bull trend that started at the beginning of 2023.\u00a0<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/ktsl888.com\/news\/investors-shifted-funding-from-cefi-to-defi-following-major-crashes\/\" target=\"_blank\" rel=\"noopener \">Investors Shifted Funding From CeFi To DeFi Following Major Crashes<\/a><\/div>\n<div><\/div>\n<figure id=\"attachment_522047\" aria-describedby=\"caption-attachment-522047\" style=\"width: 860px\" class=\"wp-caption aligncenter\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"wp-image-522047 size-large\" src=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/03\/BTCUSDT_2023-03-06_12-38-42_6cb6e.png?resize=860%2C407\" alt=\"Bitcoin\" width=\"860\" height=\"407\"><figcaption id=\"caption-attachment-522047\" class=\"wp-caption-text\">BTC continues its range formed since last week on the daily chart. Source: <a href=\"https:\/\/www.tradingview.com\/symbols\/BTCUSD\/?exchange=CRYPTO\" target=\"_blank\" rel=\"noopener nofollow\">BTCUSDT TradingView.com<\/a><\/figcaption><\/figure>\n<p><span style=\"font-weight: 400\">Currently, the largest cryptocurrency on the market is trading at $22,500, well above its support line of $22,000. Despite the recent range between $22,100 and $22,500, Bitcoin has seen a slight gain of 0.2% over the past 24 hours.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Featured image from Unsplash, chart from TradingView.com<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin (BTC) bulls have withstood the selling pressure that pushed the price below $23,000 last week. As BTC holds above the previous trench of $22,000, there&#8217;s another concern for the bulls as the days go by.\u00a0 Mt. Gox payments are approaching, and there are two critical scenarios for the most prominent cryptocurrency on the market as it challenges a fundamental level. Will Mt. Gox&#8217;s BTC payments support a persistent bear market, or will the bulls have the strength to break the consolidation and push the price higher to confirm a new bull market cycle? Related Reading: Lido Finance (LDO) Is Down 18% In 7 Days, Time To Buy The Dip? Mt. Gox Payments To Creditors Will Mark A Before And After For BTC Price? Mt. Gox creditors are set to receive their payments after a 9-year liquidation process. Launched in 2010 and based in Tokyo, Japan, the defunct Bitcoin exchange handled over 70% of all BTC transactions worldwide until early 2014, when it ceased operations. In 2014, Mt. Gox suspended its trading services, shut down its website and exchange services, and filed for bankruptcy protection from its creditors after the platform was hacked. The liquidation process began in April 2014. The company declared it lost nearly 750,000 of its customers&#8217; BTC and about 100,000 of its BTC, totaling about 7% of the Bitcoin in circulation at the time, valued at $473 million. According to an announcement released by Mt. Gox trustee Nobuaki Kobayashi in early January, Mt. Gox&#8217;s creditors have until March 10 to choose a payment method, divided into four groups: -Early Lump-Sum Repayment &#8211; Repayment for a Portion of Cryptocurrency Rehabilitation Claims in Cryptocurrency &#8211; Repayment by Bank Remittance\u00a0 &#8211; Repayment by Remittance through a Fund Transfer Service Provider\u00a0\u00a0 As concerns mount following the release of BTC payments to the defunct exchange&#8217;s creditors, the question of whether it will affect the price of Bitcoin has emerged. Strategists at financial services firm UBS, James Malcom and Ivan Kachkovski, have stated that &#8220;the Mt. Gox payouts are unlikely to destabilize the value of BTC. Will The Selling Pressure On Bitcoin Continue? If the bulls can avoid massive selling pressure from Mt. Gox creditors, they can retest the $24,000 resistance level that BTC has been unable to recover from since last week. On the other hand, Bitcoin has a strong floor at the $22,000 level that has held since volatility dropped and selling pressure increased in recent hours. According to a Twitter post by market research and data analysis firm Barovirtual, the bearish pressure intensified, resulting in the price action being trapped in the current range without a significant move higher. In addition, since the end of February, BTC&#8217;s Average Return Index, which monitors the average profitability of exchanges, has suffered a decline in trader productivity, which, according to Barovirtual, could indicate that Bitcoin needs to &#8220;cool down&#8221; to the lower $21,000 range.\u00a0 As the bulls run out of steam at this market stage, BTC may see a correction to lower levels and retest its next support lines. However, if the released Bitcoin does not affect BTC&#8217;s value, bulls may have a chance to stop the selling pressure and hold the $22,000 support for further continuation of the bull trend that started at the beginning of 2023.\u00a0 Related Reading: Investors Shifted Funding From CeFi To DeFi Following Major Crashes Currently, the largest cryptocurrency on the market is trading at $22,500, well above its support line of $22,000. Despite the recent range between $22,100 and $22,500, Bitcoin has seen a slight gain of 0.2% over the past 24 hours.\u00a0 Featured image from Unsplash, chart from TradingView.com<\/p>\n","protected":false},"author":589,"featured_media":522048,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[428,679,78790,6664,1558],"class_list":["post-522045","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-bitcoin-price","tag-btcusdt","tag-crypto","tag-cryptocurrency"],"acf":[],"yoast_head":"\n<title>Key Week Ahead For Bitcoin As Mt. Gox Payments Approach, Will BTC Hold Above $22,000?<\/title>\n<meta name=\"description\" content=\"As Mt. Gox Bitcoin payments approach, so does the fear of the if will affect the value of the largest cryptocurrency in the market.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ktsl888.com\/news\/key-week-ahead-for-bitcoin-as-mt-gox-payments-approach-will-btc-hold-above-22000\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Key Week Ahead For Bitcoin As Mt. Gox Payments Approach, Will BTC Hold Above $22,000?\" \/>\n<meta property=\"og:description\" content=\"As Mt. Gox Bitcoin payments approach, so does the fear of the if will affect the value of the largest cryptocurrency in the market.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ktsl888.com\/news\/key-week-ahead-for-bitcoin-as-mt-gox-payments-approach-will-btc-hold-above-22000\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2023-03-06T22:00:24+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T14:33:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/03\/regularguy-eth-Auy3w1W9W68-unsplash.jpg?fit=2400%2C1602\" \/>\n\t<meta property=\"og:image:width\" content=\"2400\" \/>\n\t<meta property=\"og:image:height\" content=\"1602\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ronaldo Marquez\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Rmmcapital\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ronaldo Marquez\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/ktsl888.com\/news\/key-week-ahead-for-bitcoin-as-mt-gox-payments-approach-will-btc-hold-above-22000\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/news\/key-week-ahead-for-bitcoin-as-mt-gox-payments-approach-will-btc-hold-above-22000\/\"},\"author\":{\"name\":\"Ronaldo Marquez\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/23849d4cdb61b3b34c9e7e5fea0a9a6c\"},\"headline\":\"Key Week Ahead For Bitcoin As Mt. Gox Payments Approach, Will BTC Hold Above $22,000?\",\"datePublished\":\"2023-03-06T22:00:24+00:00\",\"dateModified\":\"2024-06-11T14:33:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/news\/key-week-ahead-for-bitcoin-as-mt-gox-payments-approach-will-btc-hold-above-22000\/\"},\"wordCount\":639,\"publisher\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/news\/key-week-ahead-for-bitcoin-as-mt-gox-payments-approach-will-btc-hold-above-22000\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/03\/regularguy-eth-Auy3w1W9W68-unsplash.jpg?fit=2400%2C1602\",\"keywords\":[\"bitcoin\",\"bitcoin price\",\"BTCUSDT\",\"crypto\",\"cryptocurrency\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ktsl888.com\/news\/key-week-ahead-for-bitcoin-as-mt-gox-payments-approach-will-btc-hold-above-22000\/\",\"url\":\"https:\/\/ktsl888.com\/news\/key-week-ahead-for-bitcoin-as-mt-gox-payments-approach-will-btc-hold-above-22000\/\",\"name\":\"Key Week Ahead For Bitcoin As Mt. Gox Payments Approach, Will BTC Hold Above $22,000?\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/news\/key-week-ahead-for-bitcoin-as-mt-gox-payments-approach-will-btc-hold-above-22000\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/news\/key-week-ahead-for-bitcoin-as-mt-gox-payments-approach-will-btc-hold-above-22000\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/03\/regularguy-eth-Auy3w1W9W68-unsplash.jpg?fit=2400%2C1602\",\"datePublished\":\"2023-03-06T22:00:24+00:00\",\"dateModified\":\"2024-06-11T14:33:05+00:00\",\"description\":\"As Mt. Gox Bitcoin payments approach, so does the fear of the if will affect the value of the largest cryptocurrency in the market.\",\"breadcrumb\":{\"@id\":\"https:\/\/ktsl888.com\/news\/key-week-ahead-for-bitcoin-as-mt-gox-payments-approach-will-btc-hold-above-22000\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ktsl888.com\/news\/key-week-ahead-for-bitcoin-as-mt-gox-payments-approach-will-btc-hold-above-22000\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/news\/key-week-ahead-for-bitcoin-as-mt-gox-payments-approach-will-btc-hold-above-22000\/#primaryimage\",\"url\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/03\/regularguy-eth-Auy3w1W9W68-unsplash.jpg?fit=2400%2C1602\",\"contentUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/03\/regularguy-eth-Auy3w1W9W68-unsplash.jpg?fit=2400%2C1602\",\"width\":2400,\"height\":1602,\"caption\":\"Bitcoin\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ktsl888.com\/news\/key-week-ahead-for-bitcoin-as-mt-gox-payments-approach-will-btc-hold-above-22000\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ktsl888.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Key Week Ahead For Bitcoin As Mt. Gox Payments Approach, Will BTC Hold Above $22,000?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ktsl888.com\/#website\",\"url\":\"https:\/\/ktsl888.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin &amp; Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ktsl888.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ktsl888.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/ktsl888.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/23849d4cdb61b3b34c9e7e5fea0a9a6c\",\"name\":\"Ronaldo Marquez\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/327ecc4c8e744ef573507a8dd49440d7?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/327ecc4c8e744ef573507a8dd49440d7?s=96&d=mm&r=g\",\"caption\":\"Ronaldo Marquez\"},\"description\":\"Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo's journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration and commitment to staying up-to-date with the latest developments have granted him a unique perspective on the industry. One of Ronaldo's defining areas of expertise lies in technical analysis. He firmly believes that studying charts and deciphering price movements provides valuable insights into the market. Ronaldo recognizes that patterns exist within the chaos of crypto charts, and by utilizing technical analysis tools and indicators, he can unlock hidden opportunities and make informed investment decisions. His dedication to mastering this analytical approach has allowed him to navigate the volatile crypto market with confidence and precision. Ronaldo's commitment to his craft goes beyond personal gain. He is passionate about sharing his knowledge and insights with others, empowering them to make well-informed decisions in the crypto space. Ronaldo's writing is a testament to his dedication, providing readers with meaningful analysis and up-to-date news. He strives to offer a comprehensive understanding of the crypto industry, helping readers navigate its complexities and seize opportunities. Outside of the crypto realm, Ronaldo enjoys indulging in other passions. As an avid sports fan, he finds joy in watching exhilarating sporting events, witnessing the triumphs and challenges of athletes pushing their limits. Furthermore, His passion for languages extends beyond mere communication; he aspires to master German, French, Italian, and Portuguese, in addition to his native Spanish. Recognizing the value of linguistic proficiency, Ronaldo aims to enhance his work prospects, personal relationships, and overall growth. However, Ronaldo's aspirations extend far beyond language acquisition. He believes that the future of the crypto industry holds immense potential as a groundbreaking force in history. With unwavering conviction, he envisions a world where cryptocurrencies unlock financial freedom for all and become catalysts for societal development and growth. Ronaldo is determined to prepare himself for this transformative era, ensuring he is well-equipped to navigate the crypto landscape. Ronaldo also recognizes the importance of maintaining a healthy body and mind, regularly hitting the gym to stay physically fit. He immerses himself in books and podcasts that inspire him to become the best version of himself, constantly seeking new ways to expand his horizons and knowledge. With a genuine desire to become the best version of himself, Ronaldo is committed to continuous improvement. He sets personal goals, embraces challenges, and seeks opportunities for growth and self-reflection. Ultimately, combining his passion for cryptocurrencies, dedication to learning, and commitment to personal development, Ronaldo aims to go hand-in-hand with the exciting new era that the emerging crypto technology is bringing to the world and societies.\",\"sameAs\":[\"https:\/\/instagram.com\/itsmarquez_fr?igshid=ZDdkNTZiNTM=\",\"https:\/\/x.com\/Rmmcapital\"],\"url\":\"https:\/\/ktsl888.com\/author\/ronaldomarquez\/\"}]}<\/script>\n","yoast_head_json":{"title":"Key Week Ahead For Bitcoin As Mt. Gox Payments Approach, Will BTC Hold Above $22,000?","description":"As Mt. Gox Bitcoin payments approach, so does the fear of the if will affect the value of the largest cryptocurrency in the market.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ktsl888.com\/news\/key-week-ahead-for-bitcoin-as-mt-gox-payments-approach-will-btc-hold-above-22000\/","og_locale":"en_US","og_type":"article","og_title":"Key Week Ahead For Bitcoin As Mt. Gox Payments Approach, Will BTC Hold Above $22,000?","og_description":"As Mt. Gox Bitcoin payments approach, so does the fear of the if will affect the value of the largest cryptocurrency in the market.","og_url":"https:\/\/ktsl888.com\/news\/key-week-ahead-for-bitcoin-as-mt-gox-payments-approach-will-btc-hold-above-22000\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2023-03-06T22:00:24+00:00","article_modified_time":"2024-06-11T14:33:05+00:00","og_image":[{"width":2400,"height":1602,"url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/03\/regularguy-eth-Auy3w1W9W68-unsplash.jpg?fit=2400%2C1602","type":"image\/jpeg"}],"author":"Ronaldo Marquez","twitter_card":"summary_large_image","twitter_creator":"@Rmmcapital","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Ronaldo Marquez","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/ktsl888.com\/news\/key-week-ahead-for-bitcoin-as-mt-gox-payments-approach-will-btc-hold-above-22000\/#article","isPartOf":{"@id":"https:\/\/ktsl888.com\/news\/key-week-ahead-for-bitcoin-as-mt-gox-payments-approach-will-btc-hold-above-22000\/"},"author":{"name":"Ronaldo Marquez","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/23849d4cdb61b3b34c9e7e5fea0a9a6c"},"headline":"Key Week Ahead For Bitcoin As Mt. Gox Payments Approach, Will BTC Hold Above $22,000?","datePublished":"2023-03-06T22:00:24+00:00","dateModified":"2024-06-11T14:33:05+00:00","mainEntityOfPage":{"@id":"https:\/\/ktsl888.com\/news\/key-week-ahead-for-bitcoin-as-mt-gox-payments-approach-will-btc-hold-above-22000\/"},"wordCount":639,"publisher":{"@id":"https:\/\/ktsl888.com\/#organization"},"image":{"@id":"https:\/\/ktsl888.com\/news\/key-week-ahead-for-bitcoin-as-mt-gox-payments-approach-will-btc-hold-above-22000\/#primaryimage"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/03\/regularguy-eth-Auy3w1W9W68-unsplash.jpg?fit=2400%2C1602","keywords":["bitcoin","bitcoin price","BTCUSDT","crypto","cryptocurrency"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","copyrightYear":"2023","copyrightHolder":{"@id":"https:\/\/ktsl888.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/ktsl888.com\/news\/key-week-ahead-for-bitcoin-as-mt-gox-payments-approach-will-btc-hold-above-22000\/","url":"https:\/\/ktsl888.com\/news\/key-week-ahead-for-bitcoin-as-mt-gox-payments-approach-will-btc-hold-above-22000\/","name":"Key Week Ahead For Bitcoin As Mt. Gox Payments Approach, Will BTC Hold Above $22,000?","isPartOf":{"@id":"https:\/\/ktsl888.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ktsl888.com\/news\/key-week-ahead-for-bitcoin-as-mt-gox-payments-approach-will-btc-hold-above-22000\/#primaryimage"},"image":{"@id":"https:\/\/ktsl888.com\/news\/key-week-ahead-for-bitcoin-as-mt-gox-payments-approach-will-btc-hold-above-22000\/#primaryimage"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/03\/regularguy-eth-Auy3w1W9W68-unsplash.jpg?fit=2400%2C1602","datePublished":"2023-03-06T22:00:24+00:00","dateModified":"2024-06-11T14:33:05+00:00","description":"As Mt. Gox Bitcoin payments approach, so does the fear of the if will affect the value of the largest cryptocurrency in the market.","breadcrumb":{"@id":"https:\/\/ktsl888.com\/news\/key-week-ahead-for-bitcoin-as-mt-gox-payments-approach-will-btc-hold-above-22000\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ktsl888.com\/news\/key-week-ahead-for-bitcoin-as-mt-gox-payments-approach-will-btc-hold-above-22000\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/news\/key-week-ahead-for-bitcoin-as-mt-gox-payments-approach-will-btc-hold-above-22000\/#primaryimage","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/03\/regularguy-eth-Auy3w1W9W68-unsplash.jpg?fit=2400%2C1602","contentUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/03\/regularguy-eth-Auy3w1W9W68-unsplash.jpg?fit=2400%2C1602","width":2400,"height":1602,"caption":"Bitcoin"},{"@type":"BreadcrumbList","@id":"https:\/\/ktsl888.com\/news\/key-week-ahead-for-bitcoin-as-mt-gox-payments-approach-will-btc-hold-above-22000\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ktsl888.com\/"},{"@type":"ListItem","position":2,"name":"Key Week Ahead For Bitcoin As Mt. Gox Payments Approach, Will BTC Hold Above $22,000?"}]},{"@type":"WebSite","@id":"https:\/\/ktsl888.com\/#website","url":"https:\/\/ktsl888.com\/","name":"NewsBTC","description":"Bitcoin &amp; Cryptocurrency News Today","publisher":{"@id":"https:\/\/ktsl888.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ktsl888.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ktsl888.com\/#organization","name":"NewsBTC","url":"https:\/\/ktsl888.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/23849d4cdb61b3b34c9e7e5fea0a9a6c","name":"Ronaldo Marquez","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/327ecc4c8e744ef573507a8dd49440d7?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/327ecc4c8e744ef573507a8dd49440d7?s=96&d=mm&r=g","caption":"Ronaldo Marquez"},"description":"Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo's journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration and commitment to staying up-to-date with the latest developments have granted him a unique perspective on the industry. One of Ronaldo's defining areas of expertise lies in technical analysis. He firmly believes that studying charts and deciphering price movements provides valuable insights into the market. Ronaldo recognizes that patterns exist within the chaos of crypto charts, and by utilizing technical analysis tools and indicators, he can unlock hidden opportunities and make informed investment decisions. His dedication to mastering this analytical approach has allowed him to navigate the volatile crypto market with confidence and precision. Ronaldo's commitment to his craft goes beyond personal gain. He is passionate about sharing his knowledge and insights with others, empowering them to make well-informed decisions in the crypto space. Ronaldo's writing is a testament to his dedication, providing readers with meaningful analysis and up-to-date news. He strives to offer a comprehensive understanding of the crypto industry, helping readers navigate its complexities and seize opportunities. Outside of the crypto realm, Ronaldo enjoys indulging in other passions. As an avid sports fan, he finds joy in watching exhilarating sporting events, witnessing the triumphs and challenges of athletes pushing their limits. Furthermore, His passion for languages extends beyond mere communication; he aspires to master German, French, Italian, and Portuguese, in addition to his native Spanish. Recognizing the value of linguistic proficiency, Ronaldo aims to enhance his work prospects, personal relationships, and overall growth. However, Ronaldo's aspirations extend far beyond language acquisition. He believes that the future of the crypto industry holds immense potential as a groundbreaking force in history. With unwavering conviction, he envisions a world where cryptocurrencies unlock financial freedom for all and become catalysts for societal development and growth. Ronaldo is determined to prepare himself for this transformative era, ensuring he is well-equipped to navigate the crypto landscape. Ronaldo also recognizes the importance of maintaining a healthy body and mind, regularly hitting the gym to stay physically fit. He immerses himself in books and podcasts that inspire him to become the best version of himself, constantly seeking new ways to expand his horizons and knowledge. With a genuine desire to become the best version of himself, Ronaldo is committed to continuous improvement. He sets personal goals, embraces challenges, and seeks opportunities for growth and self-reflection. Ultimately, combining his passion for cryptocurrencies, dedication to learning, and commitment to personal development, Ronaldo aims to go hand-in-hand with the exciting new era that the emerging crypto technology is bringing to the world and societies.","sameAs":["https:\/\/instagram.com\/itsmarquez_fr?igshid=ZDdkNTZiNTM=","https:\/\/x.com\/Rmmcapital"],"url":"https:\/\/ktsl888.com\/author\/ronaldomarquez\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Key Week Ahead For Bitcoin As Mt. Gox Payments Approach, Will BTC Hold Above $22,000?","url":"http:\/\/ktsl888.com\/news\/key-week-ahead-for-bitcoin-as-mt-gox-payments-approach-will-btc-hold-above-22000\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/news\/key-week-ahead-for-bitcoin-as-mt-gox-payments-approach-will-btc-hold-above-22000\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/03\/regularguy-eth-Auy3w1W9W68-unsplash.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/03\/regularguy-eth-Auy3w1W9W68-unsplash.jpg?fit=2400%2C1602"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Ronaldo Marquez"}],"creator":["Ronaldo Marquez"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","bitcoin price","btcusdt","crypto","cryptocurrency"],"dateCreated":"2023-03-06T22:00:24Z","datePublished":"2023-03-06T22:00:24Z","dateModified":"2024-06-11T14:33:05Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Key Week Ahead For Bitcoin As Mt. Gox Payments Approach, Will BTC Hold Above $22,000?\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/key-week-ahead-for-bitcoin-as-mt-gox-payments-approach-will-btc-hold-above-22000\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/key-week-ahead-for-bitcoin-as-mt-gox-payments-approach-will-btc-hold-above-22000\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2023\\\/03\\\/regularguy-eth-Auy3w1W9W68-unsplash.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2023\\\/03\\\/regularguy-eth-Auy3w1W9W68-unsplash.jpg?fit=2400%2C1602\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Ronaldo Marquez\"}],\"creator\":[\"Ronaldo Marquez\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"bitcoin price\",\"btcusdt\",\"crypto\",\"cryptocurrency\"],\"dateCreated\":\"2023-03-06T22:00:24Z\",\"datePublished\":\"2023-03-06T22:00:24Z\",\"dateModified\":\"2024-06-11T14:33:05Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/ktsl888.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/03\/regularguy-eth-Auy3w1W9W68-unsplash.jpg?fit=2400%2C1602","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/522045","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/users\/589"}],"replies":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/comments?post=522045"}],"version-history":[{"count":0,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/522045\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/522048"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=522045"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=522045"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=522045"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}