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Bitcoin’s wild price action causes $1 billion in liquidations as overhead pressure intensifies, eyes $30,000 – FXStreet
Bitcoin has been exceptionally volatile in the bull market. Hence, the massive liquidations over the weekend. The price plummeted from highs close to
- Bitcoin liquidations soar as the price plunges from levels above $40,000 to an intraday low of $33,344.
- Bitcoin may resume the uptrend if it closes the day above $35,000.
- Declines to $30,000 and $27,500 are not out of the picture as Bitcoin is yet to find a local low.
Bitcoin has been exceptionally volatile in the bull market. Hence, the massive liquidations over the weekend. The price plummeted from highs close to $42,000 and is yet to confirm formidable support. At the same time, the breakdown saw…
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