HomeUncategorizedBitcoin ‘good to go up’ after BTC price hits lowest since Terra crash By Cointelegraph

Bitcoin ‘good to go up’ after BTC price hits lowest since Terra crash By Cointelegraph

May 26, 2022

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Bitcoin ‘good to go up’ after BTC price hits lowest since Terra crash

(BTC) recovered from a major dip at the May 26 Wall Street open as the market quickly exhausted buy support.

1-day candle chart (Bitstamp). Source: TradingView

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dropping to $28,000 on Bitstamp — its lowest since May 12 and the LUNA implosion.

BTC liquidations chart. Source: Coinglass
BTC/USD order book chart (Binance). Source: Material Indicators/ Twitter (NYSE:)