Short covering due to Amazon rumors: https://www.tomshardware.com/news/amazon-set-to-accept-cryptocurrency https://www.cnbc.com/2021/07/23/amazon-is-hiring-a-digital-currency-and-blockchain-expert.html
Reuters says Amazon issued somewhat of a denial: https://www.reuters.com/business/re...-report-accepting-bitcoin-payment-2021-07-26/
Next resistance is around 47k although it looks like a pullback could be sooner. After that likely higher to 55k area.
Someone posted an article on here that Dell is not shipping it's gaming computers to California and a few other states due to energy efficiency regulations. It is inevitable they will also go after Bitcoin as well at some point. There is no use case for Bitcoin. It's slow and expensive to transact with and on top of that it wastes a lot of energy, pollutes the environment and so on... Anyone who is shilling it is just doing so in attempt to pump their own bags and increase the value of their stack. If Bitcoin is to get banned or it's mining restricted in the states, it would be short-term bearish for all cryptos, but long term bullish for the PoS and similar altcoins, IMO. There is little to zero use case for cryptos at this point, but one thing they are the best at is value/wealth creation. How much use case is there for Bitcoin? Zero to none. How much value has been created? A lot. Please, DO prove me wrong.