Bears control Bitcoin price, but traders say the $40K zone is still good ‘for longs’

2022.04.15 01:26

Bears control Bitcoin price, but traders say the $40K zone is still good ‘for longs’

Traders faced another day of red markets on April 14 after the weakness in equities markets continued to put a damper on crypto prices.

Data from Cointelegraph Markets Pro and TradingView shows that after holding onto support above $41,000 in the early hours of April 14, the price of Bitcoin (BTC) was slammed back below $40,000 in the afternoon session and hit a daily low of $39,550.

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