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Bitcoin Price Trims $500 Only to Recover Minutes Later

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Cover image via CryptoComes.com

The Bitcoin price wraps up another week with even crazier price swings, but there is something to celebrate for the bulls

Mon, 07/29/2019 - 06:39
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The Bitcoin price has recently experienced an enormous level of volatility, which was allegedly caused by a massive long position getting liquidated on the BitMEX cryptocurrency exchange.

According to CoinMarketCap data, it plunged to the $9,112 level before a massive spike that pushed the price to $9,680.

While market manipulations remain rampant, popular cryptocurrency trader ‘Don Alt’ has recently made a bullish case for Bitcoin. The fact that BTC outlined $9,500 support could mark the bottom of this correction.

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