Ouch! BTC suddenly dumps $1,000 in flash volatility.
equally strong reboundAs volatility returned, Bitcoin thus fell to its lowest since April 10 as upside saw its latest challenge.
"Deep correction on the markets, as Bitcoin can't hold at $29,700-29,800 and shoots downwards through a cascade of liquidations," Michaël van de Poppe, founder and CEO of trading firm Eight,Hours prior, monitoring resource Material Indicators had flagged changing conditions on the Binance order book, arguing that the result could still swing both ways, with either bulls or bears profiting.
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