Bitcoin bears tighten their grip on BTC now that $40K is the new resistance level Post author:MiamiCrypto Post published:April 25, 2022 Post category:Bitcoin options / Bitcoin Price / China / Cryptocurrencies / Cryptocurrency Exchange / derivatives / Dollar / Futures / Markets Mounting concerns about the state of the global economy and traders’ risk-off sentiment continue to weigh on Bitcoin price. You Might Also Like Bitcoin Smolders Below Resistance: Traders Brace for Fireworks January 6, 2026 Bitcoin’s price drop sparks speculation over DOJ’s possible sell-off March 10, 2025 DOGE, SOL, XRP ETFs lag behind LTC in approval odds: Bloomberg analysts February 10, 2025