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

[ad_1]

© Reuters.

(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, remains under suspicion among Bitcoin bear market survivors.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView