‘Up only’ for BTC fundamentals — 5 things to watch in Bitcoin this week By Cointelegraph

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© Reuters.

(BTC) starts the week with a slow drag downhill towards pivotal support at $40,000.

After bulls had something to celebrate last week, the current environment looks like a fresh dose of reality as BTC battles nervous stock markets, a resurgent U.S. dollar and more.

1-day candle chart (Bitstamp) with 50-day MA. Source: TradingView
U.S. dollar currency index (DXY) 1-day candle chart. Source: TradingView
Bitcoin futures open interest leverage ratio vs. BTC/USD annotated chart. Source: Checkmate/ Twitter (NYSE:)
Bitcoin difficulty chart. Source: Blockchain