@BOMBERuss 13 April 2022 more from that month

During yesterday's trading, the value of #Bitcoin fell below $ 40,000, which led to the appearance of corrective purchases, which often occur after overcoming the "round" price level. The resulting rebound made it possible to keep quotes on the line of oblique support for the growing trend, which has been developing since the beginning of February. The latest negative news for Bitcoin this week came out on Tuesday in the form of US inflation. The indicator set a new record for the growth of consumer news in the forty-year period, but slowed down compared to last month. Today and tomorrow, the main attention of traders will be attracted by three meetings of Central Banks, the key of which will be the decision of the European Central Bank on monetary policy. Rising inflation is a common problem of developed countries, forcing them to raise the rate and reduce measures to support the economy. The cycle of tightening monetary policy measures of developed countries and the European Union will weaken the dollar, which will give Bitcoin a chance to rebound. It will not be difficult for bulls to hold this local trend until the end of the week. Thursday will be the last trading day in the US, on Friday the markets will close for Holy Week. This will lead to a decrease in liquidity and the resistance of the bears will not turn into a continuation of the negative trend.