Bitcoin hovers near $66.5k as Mt.Gox users ‘choose to hodl’

Bitcoin price still hovers above $66k despite Mt. Gox repayments.
Analysts say on-chain data shows most BTC holders receiving the repayments are choosing to hodl.
BTC price may benefit from this, with a potential to rebound to recent highs.Bitcoin traded to above $66,500 on Wednesday morning as the market looked to bounce following fresh downside pressure.
The dip to lows of $65,444 on crypto exchange Coinbase happened as traders reacted to news that the US government had sent BTC to exchanges.