Bitcoin's Price Plunge Continues: Experts Predict Next Moves

Bitcoin (BTC) struggled to regain lost ground on April 19, with traders calling for calm amid a healthy retracement. The cryptocurrency had shed $1,000 in minutes earlier in the day as over $200 million in long liquidations accompanied a return below $30,000. Market participants remained level-headed, arguing that important support levels were still present. Looking to upside potential, monitoring resource Material Indicators suggested that there was solid potential for a fiery reclaim of $30,000 and beyond if bulls were able to regain control.