HomeUncategorizedBitcoin sets up lowest weekly close since early March as 4th red candle looms By Cointelegraph

Bitcoin sets up lowest weekly close since early March as 4th red candle looms By Cointelegraph

April 25, 2022

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Bitcoin sets up lowest weekly close since early March as 4th red candle looms

(BTC) stayed below $40,000 on April 24 as the weekly close looked set to be a painful one for bulls.

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

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD failing to retake the $40,000 mark after losing it before the weekend.

BTC/USD 1-week candle chart (Bitstamp). Source: TradingView
Binance order book data chart. Source: Material Indicators