The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

On Sunday, October 20, cryptocurrency analyst Alistair
Milne shared a chart showing Bitcoin breaking out of its monthly downtrend, completing a 4% gain on its weekly closing price over the past 24 hours. Over the past month, Bitcoin has fallen 18% from its September high of $10,182.

Source: Alistair Milne

Bitcoin has lost 43% of its value against the US dollar since its July 2019 highs, and a fall below the $7,000 level would indicate a 50% decline for BTC.

As previously reported by CryptoSlate, Bitcoin volume fell by 95% on BitMEX
, from the peak every year to the lowest point this year. Since the July 2019 peak, during which Bitcoin’s price rose to $13,920, weekly trading volume of BTC on BitMEX has ranged from $
55 billion dropped to approximately $15 billion, an increase of more than 72%.

In a new report shared with CryptoSlate, it was stated that Bitcoin testing critical levels is nothing to worry about. According to OKEx, the weakening of the U.S. dollar may be responsible for the decline in Bitcoin prices.

The U.S. Dollar Index (DXY) has been trading below its four-month trendline, which is why the Federal Reserve is expected to cut interest rates in the coming months.

While lower interest rates will help strengthen the dollar, a weaker dollar could boost U.S. exports and boost domestic profits. The Malta Exchange said both scenarios could be positive for Bitcoin.