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#Is the bull still there after the huge downturn?
The current situation is quite severe. As I have been saying for a long time, there are expectations of selling pressure from Germany, the settlement of Mt. Gox, and further selling pressure from the United States in the future. There will be a temporary reverse, but with profit-taking as a priority, the selling volume will increase.
One indicator is that there is a high possibility of a surge in October when the repayment to Mt. Gox is completed. At this time, there is a possibility of recording 120,000 dollars.