For the third time in the past year, Bitcoin saw a strong rejection at the $10,500 price point earlier this week. Per a previous report from Bitcoinist published Monday, the leading cryptocurrency tanked by $1,500 in literally three minutes on BitMEX. At its worse, the reversal meant that Bitcoin was down to $8,600 from the $10,450 highs, which resulted in over $100 million worth of long positions being liquidated on BitMEX alone. Many immediately took the […]
