The price of Bitcoin (BTC) experienced a flash crash to $42,000 over the weekend, followed by a strong bounce and stabilization around $49,000. The decline was caused by a cascading liquidation of futures contracts. Traders lost 58,202 BTC and this was the second-largest liquidation event in 2021.
The post Is This the Last Bitcoin (BTC) Shakeout Before the Upside? appeared first on BeInCrypto.

Read More

Leave a Reply