Bitcoin Price Suddenly Drops Over $3,000 ThenRecovers Slightly After Brief but Sharp Sell-Off
• Bitcoin recently saw a sudden $3,000+ price drop in 10 minutes, almost 4.5% fall
• Peter Schiff warns Bitcoin ETF investors could be trapped if price keeps dropping, as they can't trade outside NYSE hours
• Bitcoin chart shows strong upward trend followed by sudden drop to around $62,209
• Key support level to watch is around $55,811; if broken next support is near $47,476
• If price passes resistance at around $66,423, could continue growth, signaling recovery from drop