Gigantic Correction ! BTC Price Dumped Below $50k Yet Recovered Soon

coinpedia.org
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The bitcoin price which initiated a bearish divergence since the previous working day continued the steek in the early trading hours.
The price movement is expected to slide more to the lower levels below $45,000 and bounce back above $50K soon

Bloodbath flows in the crypto market with the majority of the crypto assets plunging with a considerable margin

Bitcoin's Largest Price Correction in History

The plunge was so massive that the BTC price was dragged below $50K for some moments.

The hourly chart manifests a similar pattern where-in the price had slashed nearly 27% draining out nearly $10K from the BTC price. Hence, if the price plays out well currently, then, the price may hit the previous…
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