Bitcoin holds $40K over Easter but thin liquidity, ‘capitulation’ risk haunt traders By Cointelegraph

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Bitcoin holds $40K over Easter but thin liquidity, ‘capitulation’ risk haunt traders

(BTC) chose compression over the Easter weekend, sparing nervous traders a fresh dive below $40,000.

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

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD acting in a narrowing range with $40,700 as its ceiling Saturday and Sunday.

BTC/USD annotated chart. Source: Pentoshi/ Twitter (NYSE:)