#BTCUSD: (h2)
After rising above $117,000, the bears resumed their pressure, managing to push the bulls back to $113,300. However, their pressure is weakening, the price has moved outside the Bollinger Bands, and the Aroon indicator is signaling a reversal upwards. It is desirable to return to $116,000 as soon as possible, which would provide a chance to form a bullish pattern.
The Norwegian sovereign fund increased its investments in Bitcoin by 83% over the quarter.
BlackRock acquired 3% of all BTC.
