On this edition of the Crypto.IQ Daily Radio Show we do a deep dive market analysis. Bitcoin (BTC) is at $3,360, just above a support level at $3,300-$3,350. Longer term Bitcoin (BTC) is declining towards the bear market low of $3,120. Major cryptocurrencies are rebounding today after losses yesterday. The most interesting news of the morning is that Brock Pierce owns a 100% stake in Mt. Gox and is planning on re-launching it once the court proceedings to repay users are completed. Brock Pierce compares Mt. Gox to a phoenix rising from the ashes.