@hhhy
The compensation in MenTouGou (MTGox) could potentially exert selling pressure on the market. When the compensation is distributed, recipients might sell their BTC to realize gains, thereby increasing the supply in the market. This surge in selling activity could lead to downward pressure on Bitcoin's price.
Whether Bitcoin can hold the $40,000 level depends on various factors including market sentiment, macroeconomic conditions, and the behavior of the recipients of the compensation. If a significant portion of the compensated BTC is sold, it might be challenging for Bitcoin to maintain that price level. However, if the market can absorb the additional supply and there is continued demand, Bitcoin might be able to hold or recover to the $40,000 mark.
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