Bitcoin (BTC) rebounded past $58,000 on Aug. 16 after a “sweeping masterclass” cost both bulls and bears. BTC price targets retain trip below $50,000Data from Cointelegraph Markets Pro and TradingView confirmed a 4.4% BTC price recovery from lows of $56,150 the day prior. Coming on the back of the latest United States unemployment data, the dip posed problems for casual traders, with both buyers and sellers seeing liquidations. The action was captured by order book liquidity data from monitoring resource CoinGlass. In the 24 hours to the time of writing, total BTC long and short liquidations s…