Caution Traders! Bitcoin Approaching $20,000, But it May be Yet Another Short-Term Bounce!

The post Caution Traders! Bitcoin Approaching $20,000, But it May be Yet Another Short-Term Bounce! appeared first on Coinpedia Fintech News Bitcoin has been on a roller-coaster ride in the […]

The post Caution Traders! Bitcoin Approaching $20,000, But it May be Yet Another Short-Term Bounce! appeared first on Coinpedia Fintech News
Bitcoin has been on a roller-coaster ride in the last 24 hours, nearly losing the $18,000 mark and now approaching the pivotal $20,000 level. While market participants believe the bullish Uptober rally will continue, the possibility of a bull trap haunts the price rally, mainly because some metrics have been showing levels that are typical. …