What significant price movement did Bitcoin experience over the weekend?
Bitcoin and Other Digital Tokens Plunge as Risk Aversion Grips Markets
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The video discusses recent cryptocurrency market trends, focusing on Bitcoin's significant price drop over the weekend. It highlights the impact of leveraged positions being wiped out and the subsequent market recovery. The discussion also covers key price levels to watch for Bitcoin and its comparison with Ether's performance.
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5 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
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2.
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3 mins • 1 pt
What was the approximate amount of leveraged longs and shorts in the market during the Bitcoin plunge?
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3.
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3 mins • 1 pt
What is the 200-day moving average level that is being watched for Bitcoin?
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4.
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3 mins • 1 pt
How did the performance of Ether compare to Bitcoin during the recent market movements?
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5.
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3 mins • 1 pt
What levels are institutions looking at for Bitcoin as the year ends?
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