Bitcoin threatens $38K as 3-day chart hints at March 2020 Covid crash repeat

Bitcoin (BTC) further tested $38,000 overnight as the weekend began with uncertainty among traders.

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

3-day chart could be “precursor” for weekly 

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD circling $39,000 after several attempts to break $38,000 support.

The pair had also seen a brief spurt above $40,000 Friday thanks to geopolitical developments, this nonetheless lasting a matter of minutes before the previous…


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