Bitcoin has dropped by -18.4% over the weekend, stooping to a 3-month low of $46.5k in another market-wide flash crash. The crypto market always tries to deliver maximum pain to as many investors, which - while unpleasant - is often a necessary precursor to the sustainable price recovery. In addition, we also like to look for signals of ‘weak hand’ capitulation or panic sell-offs that might signal oversold and potentially undervalued conditions.
#btcprice #bitcoincrash #bitcoinprice
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