Stephane Ouellette, CEO of FRNT Financial Inc., said traders may have overreacted to the Mt. Gox repayment incident. He said the German government may liquidate $2.30 billion worth of bitcoin, which poses a bigger immediate threat to the market. Not all of the bitcoin they distribute will be sold, the market is struggling to find a story, and bitcoin bulls are now salivating, hoping this will be a great buying opportunity.