Bitcoin: Man Recovers 61 BTC From 2014 Collapse
Bitcoin recovery yields $4.7 million for British investor Chris after lawyers trace 61 BTC lost in Intersango exchange collapse.
SourceAnalysis
Bitcoin investor Chris has reclaimed 61 BTC worth $4.7 million after lawyers at CEL Solicitors traced holdings locked since the 2014 Intersango collapse, the UK's first exchange that shut down and stranded early users.
Legal precedents for recovering lost Bitcoin from defunct UK exchanges enabled the breakthrough after years of failed attempts, with Chris now planning a larger home purchase while retaining the balance.
On the 4h chart BTC trades at $78010.45 inside the Bollinger bands, holding the EMA50 support at $77138.8 within a bullish structure above the EMA200 at $70580.21, yet the MACD death cross at -70.04 warns of momentum loss as price tests upper band resistance at $80626.92 with RSI neutral at 47.29.
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