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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 towards the $40,000. pivotal support.

Bulls have had much to be happy about last week. The current reality looks more like an actuality as BTC fights anxious stock markets and a rising U.S. Dollar.

1 day candle chart (Bitstamp), with 50-day MA. TradingView
U.S. currency index (DXY), 1-day candle chart. TradingView
Annotated Chart: Bitcoin futures open-interest leverage ratio vs. USD/BTC annotated. Source: Checkmate/ Twitter
Bitcoin difficulty chart. Source: Blockchain