Mt. Gox Moves $953M ...from Chelsi Parker

Mt. Gox Moves $953M in BTC Defunct exchange Mt. Gox transferred 10,608 BTC its largest move in 8 months. Wallet still holds 34,689 BTC, with creditor repayments delayed until Oct 2026 → nearly $4B in BTC stays off-market for another year. Traders surprised by the timing; some fear this signals potential selling pressure amid the ongoing correction. The receiving wallet has not sent coins to exchanges, reducing immediate risk. Despite repayments starting in 2024, BTC is still up 60% thanks to strong institutional demand. The transfer is a red flag, but no exchange deposits = no confirmed sell-off yet. Market is watching closely.

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Is #BTC coiling up for its next move? 1H chart shows a tight battle between bulls & bears. Key Support: $111,270 (ALMA line). This is the line in the sand! Holding = Bullish. Key Resistance: $111,500. A clean break above this and we're likely heading to test $112k. RSI is neutral, so the ball is in price's court. Are you leaning long or short here? #BTCUSDT #CryptoMarket

Chelsi Parker

The Federal Reserve will release its policy decision tonight at 12:30 AM IST, followed by Fed Chair Powell’s speech at 1:00 AM IST. This is one of the highest-impact events for gold and may trigger major volatility. How FOMC Can Affect Gold: Rate Cut → Gold Bullish (Lower yields support upside) Dovish Tone → More Upside Momentum Hawkish Tone → Selling Pressure Stronger USD / Higher Yields → Bearish for Gold

Chelsi Parker

Microsoft stays bullish above $525, but overbought near $545–$552; a break above $552 targets $565, while below $520 weakens momentum.

Chelsi Parker