Catch the Bitcoin dip? BTC price pares losses with a fresh surge to $57K By Cointelegraph

© Reuters.

(BTC) was back at $57,000 on Oct. 13 as a classic move left hopeful traders liquidated to the tune of $200 million.

1-hour candle chart (Bitstamp). Source: TradingView

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching highs of $57,250 on Bitstamp, up almost $3,000 in under three hours.

Bitcoin futures open interest chart. Source: Javier Paz/ Twitter (NYSE:)