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Bitcoin could ‘consolidate until 2022’ after mass wipeout sends BTC price to $41K -Breaking

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© Reuters.

(BTCOn Dec. 4, a sudden crash caused a sharp drop in prices to near $47,000. This confirmed that bulls are living their worst nightmares and suffered 22% losses each day.

1-day candle chart (Bitstamp). TradingView

From Cointelegraph Markets Pro TradingView showed BTC/USD hitting local lows of $41,960 on Bitstamp — its lowest since Sep. 30.

Chart showing liquidations of cryptocurrency. Source: Coinglass
1-hour candlechart (Bitstamp). TradingView