Bitcoin (BTC) proved it is vulnerable to accelerated selling after the market price crashed within minutes on September 5. BTC traded at $7,382.21 as of 10:30 UTC, and less than an hour later the landslide selling continued, taking BTC down to $7,030.59.
The fact that BTC quickly lost support immediately caused social media reactions, especially for those still bearish on BTC and who do not believe a rally will come any time soon.
https://twitter.com/crypto_bobby/status/1037278937905278976
The dramatic red candle of selling caused a drop of around $140, not unseen for BTC price movements. However, the sudden nature of the move suggested BTC prices are vulnerable, especially given the relatively large volume of selling.
!Bitcoin!
What is even more worrying, is that the price drop comes just days after a larg...
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