Bitcoin clings to $40K support as focus returns to BTC price ‘supercycle’ By Cointelegraph

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Bitcoin clings to $40K support as focus returns to BTC price ‘supercycle’

(BTC) fooled no one with its criss-crossing of $40,000 on April 15 as traders remained firmly risk-off on BTC.

1-hour candle chart (Bitstamp). Source: TradingView

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD bouncing modestly after returning to the $39,500 zone on April 14.

Bitcoin supercycle chart. Source: Nihkalowz/ Twitter (NYSE:)