Thursday, April 25, 2024
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Bitcoin hits $23.7K as BTC price analyst call SVB dip ‘bear trap’

Bitcoin (BTC) hit its highest since the start of the month on March 13 as U.S. bank stocks saw the largest mass halt in history.BTC/USD 1-day candle chart (Bitstamp). Source: TradingViewBTC price sees "phenomenal" reboundData from Cointelegraph Markets Pro and TradingView tracked a thoroughly bullish hourly candle for BTC/USD, which reached

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Bitcoin price breakout or bull trap? 5K Twitter users weigh in

Bitcoin (BTC) is trading at its highest levels in over two months, but the phrase on every trader’s lips is “bull trap.”After delivering 25% returns in a single week, BTC/USD remains under suspicion for Bitcoin bear market survivors.Bitcoin bull trap fails to convinceIt has been called the “biggest bull trap”

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