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

It’s touch and go as to whether BTC can avoid its first four weekly candles in the red since June 2020. Bitcoin (BTC) stayed below $40,000 on April 24 as the weekly close looked set to be a painful one for bulls.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Binance bids slowly thin below spot…
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