Mining

BTC/USD forecast. Bitcoin has regained some of the lost positions

Bitcoin has regained some of the lost positions, moving away from the monthly low, thanks to the comments of Elon Musk, as well as against the background of the recovery of risky assets after the correction.

US stock indexes have returned to historical highs

The recovery of demand for risky assets is facilitated by positive quarterly reports from most companies, as well as reports that existing vaccines are effective against the delta strain, which has eased market participants’ concerns about the rapid spread of this strain.

Elon Musk said on Tuesday that Tesla (NASDAQ:TSLA) may start accepting bitcoins as payment again. Musk also noted that there are bitcoins on the balance sheet of SpaceX, and the businessman himself invested in bictoin, ether and Dogecoin.

Jack Dorsey said at the quarterly financial report conference that bitcoin should become an important part of the company’s future.

Global X has become another company that has submitted an application to launch a bitcoin ETF to the US Securities and Exchange Commission. The ETF will be called Global X Bitcoin Trust.

According to technical analysis, in case of consolidation above 32950 (50 Fibo), an increase to 34500 is likely. In case of a return below 31100, the road to 30000 will open.