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

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

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

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