HomeUncategorizedBTC price dives 3% in minutes as ‘deep correction’ grips crypto market By Cointelegraph

BTC price dives 3% in minutes as ‘deep correction’ grips crypto market By Cointelegraph

April 19, 2023

[ad_1]


© Reuters.

(BTC) abruptly reversed gains on April 19 as a cascade of long liquidations sent plummeting lower.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

Data from Cointelegraph Markets Pro and TradingView followed the pair as it made lows of $29,015 on Bitstamp.

BTC/USD annotated chart. Source: Michaël van de Poppe/ Twitter
Crypto liquidations chart. Source: Coinglass