NewsBTC
2020-06-09 11:00:36

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...

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