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<p>The cost of the first <strong>cryptocurrency </strong>has risen above $ 40 thousand again. To continue to grow, the asset needs to overcome an important mark?.</p>



<p>The <strong>bitcoin price </strong>could sharply adjust if it does not surpass the $ 41,000 mark, <a href="https://www.newsbtc.com/analysis/btc/bitcoin-signals-fresh-decline-35k/" target="_blank" rel="noreferrer noopener">warned <strong>NewsBTC</strong> analyst <strong>Ayash Jindal</strong></a>. According to him, in this case, the first support will be about $ 39.6 thousand, the main one &#8211; $ 38 thousand.</p>



<p>According to <strong>Jindal</strong>, a resistance of about $ 40.6 thousand is forming on the <strong>cryptocurrency </strong>rate chart. <strong>Bitcoin </strong>can go into a stage of strong growth if it manages to overcome this mark and the zone of $ 41 thousand. The next important levels will be $ 41.8 thousand and $ 42 thousand and $ 45 .</p>


<blockquote class="twitter-tweet">
<p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/Bitcoin?src=hash&;ref_src=twsrc%5Etfw">#Bitcoin</a> to stablecoin ratio oscillator. </p>
<p>A perfect BTFD hit rate since 2019, and it just printed another buy signal. </p>
<p>Brought to you by my man <a href="https://twitter.com/ki_young_ju?ref_src=twsrc%5Etfw">@ki_young_ju</a> and his team at <a href="https://twitter.com/cryptoquant_com?ref_src=twsrc%5Etfw">@cryptoquant_com</a>. <a href="https://t.co/6ymzYFplEO">pic.twitter.com/6ymzYFplEO</a></p>
<p>&mdash; Cole Garner (@ColeGarnerXBT) <a href="https://twitter.com/ColeGarnerXBT/status/1404508111944228867?ref_src=twsrc%5Etfw">June 14, 2021</a></p></blockquote>
<p> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>



<p>Analyst <strong>Cole Garner </strong>is also considering the likelihood of further growth in quotations. He pointed to a graph of the ratio of the number of <strong>stablecoins </strong>in relation to <strong>bitcoins </strong>on <strong>crypto exchanges</strong>. Since 2019, this indicator has repeatedly indicated the beginning of a bullish trend.</p>



<p>The latest wave of growth in the <strong>price of bitcoin</strong> began after some positive news. In particular, the head of <strong>Tesla Elon Musk</strong> announced that the automaker will start accepting <strong>cryptocurrency </strong>for payment again after the majority of <strong>miners </strong>start using renewable energy sources. </p>



<p>Also, <a href="https://cointopsecret.com/2021/06/15/microstrategy-announced-the-possible-purchase-of-bitcoin-for-another-1-billion/"><strong>MicroStrategy </strong>announced that it could sell its own shares worth up to $ 1 billion</a> for additional <strong>investments in cryptocurrency</strong>.</p>



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