(7/27, Tue) btc made the investors happy for a while by breaking 40k with Amazon's news which was denied in a day

Yesterday(7/26 00:00 - 24:00, UTC+0), bitcoin price recorded its starting as $35392, its lowest as $35392, its highest as $40540, its closing as $37240. Bitcoin broke the 36k at 00:45 while continuing the uptrend as the trading volume increased from the start of Monday, and the trading volume exploded at 01:00, showing a huge surge, rising to just below 40k at once. After that, it declined and flattened around $38,500, then started to rise again at 16:00, peaking at 19:15, and then plummeted, ending with a final gain of 5.2%.

On the 4-hour chart, the trading volume recorded at the beginning of the market was the largest in almost a month, and it was approximately three times the average value of the month, and the remaining 5 candle's trading volume also came out about twice the average value. And the trading volume on the daily chart was also the largest in the last two months, and it was clear that Amazon's Bitcoin payment news was a big boon.

One peculiar thing is that at the beginning of the day yesterday, when Bitcoin was close to $40,000, the price of Bitcoin rose to $48,000 on the Binance Futures Exchange, and a big short positions in futures were liquidated. This happened occasionally at the BitMEX futures exchange in the past, and there were even rumors that the exchange might have been involved.

Since exchanges look into the positions of individual customers, everyone knows that they can make a profit by clearing futures positions while self trading, but it is shocking that this happened at Binance, one of the largest cryptocurrency exchanges. Only investors who liquidated their short positions for no reason are unhappy.

In the mean while, we were happy that Bitcoin broke through 35k just a few days ago, but now I guess that it may have turned into a complete bull market by breaking through 40k for a while. However, as Amazon has officially denied the Bitcoin payment news, if Bitcoin, which has fallen -9.4% from its peak yesterday, moves sideways in this price range or advances toward 40k again, it can be acknowledged a bullish turn, but if it does not keep 35k within a short time, it will go back into the box again.