Bitcoin fails to hold $40K with traders still hoping for a BTC price relief bounce
Bitcoin (BTC) pierced $40,000 at the Wall Street open on April 26 as its latest relief rally lasted less than 24 hours.
BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dropping from local highs of $40,800 on April 26.
BTC/USD annotated chart with RSI. Source: Rekt Capital/ Twitter (NYSE:TWTR)
DOGE/USD 1-hour candle chart (Binance). Source: TradingView