Bears intend to keep Bitcoin price below $ 43,000 until the $ 700 million expiry expires on Friday by Cointelegraph

© Reuters.

(BTC) has been trading in a descending pattern since its strong rejection of $ 53,000 on September 7th $ 3.4 billion futures The liquidation of contracts along with China’s ban on crypto trading appear to have severely affected traders’ morale.

Large crypto exchanges such as Binance and Huobi ceased some services in mainland China and closed some of the largest mining pools like Sparkpool and BeePool completely.

Bitcoin price in USD at Coinbase (NASDAQ :). Source: TradingView Bitcoin Options Aggregate Open Interest for October 1st. Source: Bybt.com

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