Bitcoin fails to flip $40K with traders eyeing $36K or lower for support By Cointelegraph


Bitcoin fails to flip $40K with traders eyeing $36K or lower for support

(BTC) saw tough resistance after nearing $41,000 on July 28 amid calls for consolidation of recent gains.

1-hour candle chart (Bitstamp). Source: TradingView

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD pulling back below the $40,000 mark as Wednesday progressed.