Bitcoin gets new $50K target after BTC price crashes 6% in a day

Bitcoin price bets saw $50,000 returning after 6% daily BTC price losses liquidated $1.25 billion of crypto positions.
Source: cointelegraph.com

Bitcoin price bets saw $50,000 returning after 6% daily BTC price losses liquidated $1.25 billion of crypto positions.
Source: cointelegraph.com
Bitcoin’s break below the $60,000 area has pushed digital asset markets into a more defensive phase, ending months of narrow trading and exposing a market structure that traders say could amplify the next major move. CryptoSlate’s data show the largest cryptocurrency had been moving sideways since February, when it first tested the $60,000 area. That long…