Bitcoin returns to test $40K as macro factors pile up to squash BTC bulls

Bitcoin (BTC) bended to new macro pressures on March 4 after bulls failed to hold $42,000 for long.

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

Europe stocks sink on Friday open

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching lows of $40,800 on Bitstamp Friday after a major options expiry event.

Overnight performance, initially showing a recovery, had been stymied by worries over a nuclear power plant fire in Ukraine.

Stocks futures fell on the news,…


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