Bitcoin cancels its snap correction below $60,000 as the latest data shows traders willing to take a fresh bet on BTC price discovery.
Bitcoin (BTC) is rapidly recovering from its $10,000 BTC price drop as wild volatility keeps up pressure on traders.
Data from Cointelegraph Markets Pro and TradingView shows BTC/USD clawing back more than half its March 5 losses.
That day saw Bitcoin finally reclaim its all-time highs from November 2021, but whales were lying in wait for late longs on over-leveraged markets.
