Bitcoin's price volatility continues amidst economic data and market fluctuations.
TL;DR
Bitcoin's price dipped to new 10-day lows at $28,360, with eyes on the $28,000 support level to hold in the event of continued downside. However, Binance order book data warns that even this may be "rugged." Spot gold became the main risk asset beneficiary, climbing back above $2,000 on the day. Long liquidations took a breather on April 20 after the largest tally of 2023 on April 19, with cross-crypto long liquidations totaling $34 million.
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