Bitcoin Crashes To $19,600 And Takes Long Liquidity, BTC Ready For A Bounce?

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Bitcoin is retracing after a rejection north of critical resistance at around $20,000 and might be gearing up for a fresh leg down into its final support level. The crypto was seeing some profits earlier this week, but any bullish momentum has been wiped out by macroeconomic forces. At the time of writing, Bitcoin (BTC) trades at $19,600 with a 2% loss in the last 24 hours and sideways movement across the week. The rest of the crypto market is following the sentiment in the crypto market proving that, once again, any potential rally is capped by the bigger picture. BTC’s price crashing ...

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