(BTCThe ) moved up in January, and order book analysts noted that despite sideways trading of near $40,000 the channel was still upward. “Significant buying pressure”And he noted that there might be an exhaustion of the general negative mood.

Johal Miles, an independent analyst noted that BTC formed a bullish candlestick in its daily charts on January 24th and February 24, suggesting that the long-term downtrend may be coming to an abrupt halt.