Market analysts believe that a sign of bullish times can be deduced from the fact that Mt. Thousands of BTC worth billions have been returned to Gox, and the crypto market continues to maintain its bullish momentum. Bitcoin (BTC) is currently at $64,740.

55% of Mt. users Gox decided not to sell their recently returned BTC and hoard it. The voting took place in the form of a poll on Reddit Mt.Gox, where out of 467 participants who voted, 260 decided not to sell their BTC after receiving compensation. This amounts to a 55% share, resulting in 88 voting to sell all of their BTC, 68 voting to sell between 1% and 25%, and 26 voting to sell between 25% and 50%. The majority support for holding BTC confirms the expectations of many crypto analysts and Bitcoin analysts who predict that Bitcoin will set a new all-time high (ATH) and continue to rise towards price discovery ranges.

About 4 months ago, Bitcoin (BTC) set a new ATH of $73.737. Now, after a major crisis caused by the German government selling its Bitcoin, the crypto market has entered a bullish recovery phase.

Analysts note that the next major price target for BTC is $74,000, which means Bitcoin will set a new ATH if this price is reached. The charts show that BTC is exhibiting an expanding bottom pattern that could occur at any moment.

There is currently some sideways movement expected in the $62,000 to $67,000 price range, after which BTC is predicted to move higher and set a new ATH of $80,000.