Will The Upcoming Bitcoin Rally Be a Bull Trap ? This is What Traders Can Expect

The post Will The Upcoming Bitcoin Rally Be a Bull Trap ? This is What Traders Can Expect appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide […]

The post Will The Upcoming Bitcoin Rally Be a Bull Trap ? This is What Traders Can Expect appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide
Bitcoin was trading at its long-term support level during the prior day’s session, while the crypto markets continued to fall. This week, the price of bitcoin has dropped even further after a brief dip to $43,000 at the start of the week. As a result, unless Bitcoin price action can clearly rebound above $42,000, the …