Mt. Gox: Transfers 10423 BTC to New Wallet
Mt. Gox moves 10423 BTC worth $739M from cold wallet to new address 14FEE…nc9eq, with BTC at $70707 amid oversold RSI.
SourceAnalysis
Mt. Gox cold wallet sent 10423 BTC valued at $739 million to fresh address 14FEE…nc9eq six months after prior activity, plus 116 BTC to its hot wallet, while BTC trades at $70707.14. Price action hugs the lower Bollinger band support at $70649.24 with RSI(14) at 24.52 flashing oversold and MACD death cross at -873.48 locking in bearish momentum below EMA50 resistance of $73994.38, pointing to near-term consolidation before any test of upper band resistance at $75371.98 that shapes current BTC price prediction, crypto market crash avoidance and AI industry impact on custody flows.
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