06-09-2020, 06:34 PM
Bitcoin Heading into Bull Trap with Its Latest Price Rally; Here’s Why
Bitcoin is trading more than 150 percent higher from its March 2020 lows below $4,000. The cryptocurrency’s wild move upside has cheered traders, but a textbook technical indicator warns about a potential bull trap. There are possibilities of Bitcoin falling towards $6,700 if the fractal plays out as indicated. A textbook technical indicator may spoil the ongoing bitcoin price...
https://www.newsbtc.com/2020/06/09/bitco...es-whyKind Regards R
Bitcoin is trading more than 150 percent higher from its March 2020 lows below $4,000. The cryptocurrency’s wild move upside has cheered traders, but a textbook technical indicator warns about a potential bull trap. There are possibilities of Bitcoin falling towards $6,700 if the fractal plays out as indicated. A textbook technical indicator may spoil the ongoing bitcoin price...
https://www.newsbtc.com/2020/06/09/bitco...es-whyKind Regards R