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‘Up only’ for BTC fundamentals — 5 things to watch in Bitcoin this week -Breaking

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© Reuters.

(BTCThe week begins with a gradual drag toward the $40,000. pivotal support.

Bulls have had reason to rejoice last week. The current reality looks more like an actuality as BTC fights anxious stock markets and a rising United States dollar.

1 day candle chart (Bitstamp), with 50-day MA. TradingView
U.S. dollar currency indicator (DXY). 1-day candle charts. TradingView
Open interest ratio for Bitcoin futures vs. USD/BTC annotated chart. Source: Checkmate/Twitter
Bitcoin difficulty chart. Source: Blockchain.com