Good afternoon, dear traders! Bitcoin goes sideways. I expected a drop in the level of support, but apparently (the infusion) of large funds into the markets is holding back the situation ...
Locally I believe that the upward movement is still possible. Maybe up to the level of 7500 - $ 7600. But this will not cancel the fall. The accumulation was not long. I think that now it is worth to refrain from transactions. Only if you trade on small timeframes.
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China’s central bank moves closer to issuing digital currency: insiders see the global news in china , expecting a huge breakout to 7K area +, at this low price , the whale effect are strong MX-350