It seems that our hopes for an increase in the price of bitcoin in the near future can be crossed out by one person - Mt. Gox from Tokyo. Today, he sold 8,200 of his bitcoins on the market and the bitcoin rate began to decline sharply. If only recently it was above nine thousand dollars and was already approaching ten thousand, then this day it was already slightly more than eight and a half thousand dollars, and now, in just a few hours, it amounts to 8,407 dollars, according to CoinMarketCap. Correspondingly, the altcoyins began to decline in price. And this Gox still has about 200,000 bitcoins, which it is going to sell in the same lots and will most likely be done after bitcoin has recovered in price. So it can restrain the growth of the crypto-currency market for years to come.
it appears to be a cause of a sharp decrease in bitcoin, but even though bitcoin has a severe dump but it does not matter because I believe it is temporary and will not last long because now in bitcoin will still continue to experience significant price increases in the future