On the night of November 16-17, quotes of the first cryptocurrency fell below $36,000, pulling most altcoins, except AVAX and NEAR, into the “red zone”

Just about a day ago, Bitcoin once again tested local highs at $38,000, and later was already at the lower boundary of the resistance line.

Such dynamics demonstrate the high volatility of the asset. The two-day rollercoaster resulted in approximately $340 million in liquidations, according to Coinglass.

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