Bitcoin $60K Dip Contract Extends to 72.5% on Mt. Gox Cascade
The Bitcoin $60,000 June dip contract sits at 72.5% as of 12:21 UTC Thursday — 40pp above its session open — as Mt. Gox distribution fears deepen.
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The Bitcoin $60,000 June dip contract has climbed to 72.5% as of 12:21 UTC Thursday, extending the surge first tracked at 70.5% earlier today. The contract opened June 3 at 32.5%, touched a lifetime high of 0.865, and has since settled into a 0.725 consolidation as the Mt. Gox liquidation cascade sustains YES-side conviction.
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