Bitcoin suddenly retests $50K in possible ‘shakeout’ as analysts stay bullish...
A classic volatility surprise excites rather than concerns traders, but altcoins lose out heavily. Bitcoin (BTC) kept traders on their toes on Tuesday as a sudden price dip sparked a retest of $50,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC still “fine” at $49,000Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it shed $2,000 in two hours Tuesday.The pair had hit $52,960 — nearly a four-month high — before consolidating and then heading lower.The volatile conditions mark a memorable day for Bitcoin adoption, coming as El Salvador becomes the....
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