BTC price action obliterates latecomers betting on continued upside as Bitcoin analysts and miners breathe a sigh of relief.
Bitcoin (BTC) starts a key week for macro markets with a bump as the weekly close gives way to a sharp 7% BTC price correction.
The largest cryptocurrency broke down toward $40,000 in a fresh bout of volatility, reaching its lowest level in a week.
Arguably long overdue, Bitcoin’s return to test support nonetheless caught bullish latecomers by surprise, liquidating almost $100 million in longs.