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BTC price dives 3% in minutes as 'deep correction' grips crypto market

Bitcoin (BTC) unexpectedly reversed gains on April 19 as a cascade of long liquidations sent BTC/USD plummeting lower. The unexpected move followed an equally strong rebound above the $30,000 mark the previous day, with bulls ultimately unable to preserve higher levels. As volatility returned, Bitcoin thus fell to its lowest since April 10 as upside saw its latest challenge. Few hours back, monitoring resource Material Indicators had flagged changing conditions on the Binance order book, arguing that the result could still swing both ways, with either bulls or bears profiting. Among traders, some participants remained optimistic.

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