Bitcoin can not yet find the strength for new growth. But it does not show any tendency to decline. In general, everything remains as before, and if in the near future the largest central banks do not follow the example of the Bank of China, investors will calm down and resume their purchases. Of course, the Bank of China is the largest Central Bank of the world, since China is the largest economy in the world. But its influence on the market is less than that of the Bank of Japan, not to mention the Bank of England, the ECB or the Fed. But all of them are not up to cryptocurrency. They are busy trying to launch economic growth from the pusher.
Technical picture
As previously predicted, the quotation reached the second key value of 4650, where it systematically slowed down the movement, allowing the bulls to regroup, forming a fact as a rollback. Probably assume a temporary fluctuation within the framework of 4450/4550, with a smooth approach with a value of 4650, where one should expect a fixation higher and a follow-up to the subsequent coordinate, which is the psychological level of 5000.
Attention: Forecasts are not a direct guide to action!
