Sentiment: Negative
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Bitcoin breaks below $30,000 in flash crash event – Altcoins bleed
By Samuel Wan at 2026-05-01 05:04
Sentiment: Negative
At 09:00 BST, Bitcoin (BTC) lost $30,000, sinking as low as $29,010 at the time of press — a 3.6% drawdown. A bounce saw the 09:15 BST 15-minute candle close at $29,285. However, bears continue piling on the selling pressure — dipping the subsequent candles in readiness for a retest of $29,010 support. Twitter user […] The post Bitcoin breaks below $30,000 in flash crash event – Altcoins bleed appeared first on CryptoSlate. Continue reading...
Categories: Analysis
Tags: #Analysis #Trading
Source CryptoSlate