On Thursday, Bitcoin’s course continues the formation of a triangle after working out its upper face with simultaneous touch to a 200-day moving average and $ 40 thousand.
Before the weekend, it can be expected to preserve consolidation near current levels due to the upcoming exposure on Sunday in the derivatives market, where the greatest open interest is formed near the mentioned psychological level. The market looks even more balanced, as evidenced by the Glassnode data on the reduction of the number of BTC tributaries on stock wallets and splash of altkoins shopping on the eve.
Bison with Wall Street Carl Akan from Icahn Enterprises and Larry Fink from Blackrock, according to the last interviews with them, while they look after digital assets and do not hurry with a purchase decision. PayPal Following Revolut is preparing to add the option of outputting digital assets on third-party wallets, which in addition to the use of them as a payment agent may contribute to further popularization of digital assets.
In the Chinese press they write about the «controlled» pressure on miners due to the scale of the industry (people, money). This confirms the conduct of the seminar by the authorities of the province of Inner Mongolia, which will discuss the use of excess electricity for mining cryptocurrency.
Newness with a minus sign per day became only
It remains to wait for the weekend, with the beginning of the week there will be more understanding of the chances of returning to a growing trajectory. From a technical point of view, Bitcoin will suggest a return to $ 36 thousand, which may affect the mood of the market as a whole.
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