# Bitcoin bears tighten their grip on BTC now that $40K is the new resistance level
” Bitcoin bears tighten their grip on BTC now that $40K is the new resistance level “ Bitcoin (BTC) remains below $40,000 for the third consecutive day and the most likely source of the volatility is the worsening condition of traditional markets. For instance, the S&P 500 is down 5% since April 20 WTI crude…