Bitcoin $60K Dip Holds 62.5% as Mt. Gox Deadline Anchors Month-End Risk
The June $60k dip contract holds 62.5% as of 21:09 UTC Thursday, up 17pp on the session, as Mt. Gox's October deadline anchors cascade conviction.
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The contract on Bitcoin dipping below $60,000 before July 1 holds at 62.5% as of 21:09 UTC Thursday — up from 61.5% earlier Thursday and 17pp above the 45.5% open at 21:11 UTC Wednesday. The session swung from a 43.5% low at 22:00 UTC Wednesday to an 85.5% overnight peak at 02:04 UTC Thursday before sellers pulled the contract back; it has since stabilized with a 23,875.54-share ask wall at 63¢ overhead capping recovery.
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