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$2,000 Flash Crash: Bitcoin in Parabola, Real Correction Still Possible

Crypto News

Cryptocurrency / Crypto News 66 Views comments

The past 24 hours for the Bitcoin price have been absolutely absurd. This morning, BTC found itself up by 20% on the day, trying to break past key resistances just shy of $14,000. All this changed though with a rapid flash crash.

For those who missed the memo, within a matter of 15-odd minutes, Bitcoin slipped, showing an uncharacteristic bout of weakness in a massive uptrend. In fact, within the aforementioned time span, BTC fell from $13,800 — a year-to-date high — to just under $12,000.