More than $400 million was liquidated in the cryptocurrency market in only 24 hours, according to data from CoinGlass.
With a 40% increase from its February lows, Bitcoin’s (BTC) price has returned to a crucial resistance zone.
As a result of global events, Bitcoin saw traditional end-of-week volatility, with a price that momentarily surpassed $82,000. Unfortunately, the increase was short-lived, according to CMC data, as BTC/USD swiftly dropped back around the $80,000 level.
As a consequence, liquidity grabs occurred, which balanced out the long and short positions in bitcoin on the order books of exchanges. More than $400 million was liquidated in the cryptocurrency market in only 24 hours, according to data from CoinGlass. However, the price made a moderate comeback by climbing above the $81K mark.
Approaching the Critical 200 EMA
With a 40% increase from its February lows, Bitcoin’s (BTC) price has returned to a crucial resistance zone, the outcome of which
We współpracy z: https://thenewscrypto.com/bitcoin-volatility-returns-as-price-tests-critical-indicator-level/
