@BitcoinBaby 21 April 2022 more from that month

𝐂𝐫𝐲𝐩𝐭𝐨 𝐖𝐞𝐚𝐭𝐡𝐞𝐫 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 Bitcoin tried to break the 42K resistance, and got rejected. But it was the first attempt and the rejection was painful but not too severe. What is severe is the lack of BTC spot trading in general. That is showing the same volumes as during the dip in July 2021. As you can see in the graph, the daily Bitcoin spot trading volume has struggled a lot recently, and has declined to 7-day average values of around just $3 billion. But this might change pretty soon as Australia’s first Bitcoin ETF could attract up to $1 billion after launch next week according to financial review reports. That might just be enough of a catalyst to break to the 50K upside over the next week. This would be feasible if we can break 42K this week. In addition, Germany's Commerzbank, which is a huge bank, applied for a Local Crypto Licence: If the license application is accepted, the bank would be authorized to offer exchange and crypto-asset services. That would really show that old money is adopting crypto and making it easily available to a wider audience in the EU. #Crypto #slightlybulish