BTCUSD

We think that Bitcoin has entered a period of stagnation for a while. Yesterday was a day when volumes decreased. BTC continued to move in the 40,000 band. Despite this, we watched the rise of altcoins. The positive development was the decrease in Grayscale sales. We expect this stagnation to continue until the Fed Interest Rate Decision at the end of the month. While our previous analyses are fully realized, we expect sales in GRAYSCALE to decrease and gain a more dynamic structure from now on. BTC, which will probably wander in the 38,000-42,000 band until the end of the month, we predict that it will slowly rise by catching its real momentum after this date. Support: 38,000 Resistance: 42,000