Bitcoin (BTC) Price Rally Broke Down, Shedding Thousands in a Day
(BTC) still looks respectable compared to January’s prices – but Thursday night saw another sell-off, wiping out thousands of dollars. Panicked sellers once again tried to liquidate, leading to another Coinbase outage due to the overwhelming demand.
BTC peaked at around $13,800 on Wednesday, but failed to survive, initially sliding by $1,000 toward the $12,600 range. But on Thursday afternoon, BTC crashed toward the $10,500 low for the day, coinciding with US business hours and the sell-off tha…
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
View original post