Bitcoin made another attempt to storm $16,000, but the level of resistance is still too serious. As a result, Bitcoin shows a 3% increase in one day and changes hands at $15,750. The good news is that the coin is not just going through a consolidation process, but is also trying to bounce upwards, convincing investors of favorable prospects. However, not everything is so bright, and it should be borne in mind that Bitcoin may now follow the stock market, which is not daring to grow further after the jerk earlier this week.
Fundamentally, we have no good reason to think that the U.S. and global economy as a whole has sufficient potential to increase optimism. Asian markets may indeed continue to grow, but they do not depend solely on domestic demand. That doesn't mean Bitcoin won't test $20,000 by the end of the year, and the S&P 500 won't set a new historic high. It just means that one should be particularly wary of irrepressible optimism in all sectors of the global economy. Now, many participants in the kryptor market are afraid of becoming early sellers, but that doesn't mean they don't have a hand on the "sell" button.
Forward Bitcoin just let it grow.