Traders brace for a drop to $58K if Bitcoin price loses the $62K support -Breaking
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© Reuters. Whipsaw price action has returned to the cryptocurrency market after Bitcoin’s (BTCThe ) price dropped to $67,100 before retracing to $62,000
A early morning Flash crash of 87% in BTC priceBinance US briefly saw its price reach $10,000. This may have increased the volatility of the market, but overall it appeared to have been an isolated case. Data from Cointelegraph Markets ProAnd TradingViewIt appears that the bears briefly seized control of the market, and the price fluctuates between $62,000- $63,500.
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