Five key factors to watch for Bitcoin this week

Cointelegraph has outlined five key points to watch in the Bitcoin market this week. The cryptocurrency faces potential further declines after surrendering its weekend gains and started November on a downward trend. Progress in U.S.-China trade negotiations has had a minimal impact on the market. Additionally, for the first time in seven months, net institutional buying volume has fallen below the daily mining output, and buying pressure from retail investors has slowed.