Despite the fact that the past day has passed in the neutral zone and without changes, continuing to move in a narrow price range with the protection of the financing rate near zero, and the fear and greed index in the neutral zone. This morning changed everything. Bitcoin spilled to a minimum value of $ 40,780 on Binance. The main reason for this action was the confusion on the cryptocurrency exchanges Huobi and Binance, which stopped registering new users from mainland China. Previously, it was obvious that the Chinese FUD wave has not yet played out to the end, and we have probably seen the development of events now. Many communities in China and representatives of the community have already stated that they are looking for access to decentralized platforms and are actively exploring DeFi. Despite everything, today we are waiting for the closing of the weekly candle and in order to maintain a positive trend in the market, Bitcoin should go beyond$ 43,300 and gain a foothold there. At the moment, there are no large volumes of buyers. FUD from China in the end should work out so that no one interferes with a calm and systematic upward movement. #CryptoTrading
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