The National Bank of China has outlawed Bitcoin


Source: instaforex.com instaforex.com

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The bitcoin cryptocurrency has crashed down once again. Back to the support level of $ 40,746, as we expected yesterday. However, this movement was not technical. However, we will talk about the reasons a little below. In the meantime, it should be noted that the downward trend for bitcoin remains, as the downward trend line remains relevant. The price has never managed to gain a foothold above the Ichimoku cloud during the last round of decline. Thus, the bulls cannot develop growth now. But at the same time, they keep the pair above the level of $ 40,746, which is...