Bitcoin (BTC) Sheds Nearly $1,000 in Minutes; What Could be Next?

No, Bitcoin bulls are not back in control, Bloomberg. In the past two hours, the leading cryptocurrency has shed a large portion of its week-to-date gains, falling to $12,200 as of the time of writing this.

It still isn’t clear what triggered this flash collapse, which comes shortly after BTC breached $13,000 and was poised to close some important short-term candles strong.

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