CandleFocus Bitcoin (BTC) Price Plummets Today – il Capo Shares His Latest Thoughts Following the Drop
2024-09-22
Author: Content Editor
The price of Bitcoin (BTC) has decreased by approximately 1.5% after reaching a peak of over $63,500. The decline is attributed to the lack of liquidity that typically occurs on weekends. Cryptocurrency analyst il Capo of Crypto referred to this decline as a "typical Sunday dump" and believes that the BTC price may decrease further. However, some see this decline as an opportunity. In the last 24 hours, there has been a total of $79 million in liquidation in the cryptocurrency market, with $48 million in long positions and $30 million in short positions.
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