Bitcoin is getting more expensive before important statistics in the US

On Thursday, December 9, bitcoin fell by 5.80% to $47545. Buyers lost all profits from the growth from $47,100 to $51,936. The news had a negative impact on risky assets.

The dollar index rose, while gold, oil, major currencies, US indices and cryptocurrency declined.

– Fitch lowered the credit ratings of Evergrande (HK:3333) and Kaisa to “limited default” due to the fact that they were unable to make payments by the end of the grace period.

– A Japanese study showed that the new variant of COVID-19 is 4.2 times more contagious at an early stage than Delta.

– The People’s Bank of China has increased the reserve requirements ratio in foreign currency.

On Friday, December 10, the BTC/USD pair stopped near the support of $47,000. The key support that is worth fighting for, otherwise we go lower to the psychologically important level of $ 40 thousand. The situation in the cryptocurrency market remains ambiguous due to the upcoming important events in the US betting market. If the report is worse than expected, then the dollar will be under pressure. Here you need to look at how all assets will react to the data. If gold, oil, stock indexes move to growth, then bitcoin will have the opportunity to recover to $ 50 thousand. The goal is indicated at the bottom.