04-13-2020, 06:13 PM
Here’s Why Traders Are Scared After Bitcoin’s 8% Drop to $6,600
After the weekly close at the end of Sunday, Bitcoin tanked. The cryptocurrency rapidly fell from the $7,200 weekend highs to a low of $6,580 — all over the course of an explosive three-hour drop. With this, dozens of millions of BitMEX long positions were liquidated, forced to close as sell-side pressure mounted. Related Reading:...
https://www.newsbtc.com/2020/04/13/heres...o-6600Kind Regards R
After the weekly close at the end of Sunday, Bitcoin tanked. The cryptocurrency rapidly fell from the $7,200 weekend highs to a low of $6,580 — all over the course of an explosive three-hour drop. With this, dozens of millions of BitMEX long positions were liquidated, forced to close as sell-side pressure mounted. Related Reading:...
https://www.newsbtc.com/2020/04/13/heres...o-6600Kind Regards R