Bitcoin broke through 40,000 and instantly flew to 29,000. Lon | IntelexGlobal.free

Bitcoin broke through 40,000 and instantly flew to 29,000. Long positions worth $ 8.5 billion were liquidated on crypto exchanges in total. After that, the price just quickly rebounded by 40,000 and now bitcoin is worth 39,600. A quick rebound upward suggests that there is a demand for bitcoin, we have to look at what will happen on Thursday, May 20. If there is no more strait down, then gradually we will go up again by 50,000. But most likely it will not be quickly.