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BTC stocks correlation ‘not what we want’ — 5 things to know in Bitcoin this week -Breaking

by Mike Robinson

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BTC stocks correlation ‘not what we want’ — 5 things to know in Bitcoin this week

(BTCThe second week of April begins with a whine as the bulls battle to keep support at $40,000.

The market’s nerves returned after a weekend of low volatility. However, it fell again in style in April 10, just hours after the close.

BTC/USD 1 hour candle chart (Bitstamp). TradingView
Federal Reserve balance sheet, April 4, (screenshot). Source: Federal Reserve
Crypto Fear & Greed Index (screenshot). Source: Alternative.me
Average chart for Bitcoin difficulty over 7 days. Source: Blockchain
Bitcoin estimated hash rate chart (screenshot). Source: MiningPoolStats