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Topic: Bitcoin Recovers Amid Bull Trap Warning - page 2. (Read 199 times)

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April 27, 2022, 05:28:08 PM
#1
Bitcoin (BTC) rallied back $39,000 on April 27 after another night of pain saw BTC/USD hit its lowest levels since mid-March.

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

Despite all the recent losses, Bitcoin remains in the middle of a trading range that it had held since the beginning of the year, between $35,000 and $45,000, I am sure this will be on the upside soon as Bitcoin is very volatile.

cryptocurrency had risen 1.3% in the last 24 hours, trading at $40,127. Source: CoinDesk.

At the moment in my case it would not be a bad idea to continue investing in this because at any moment it will rise to normal or even more and that is where we will see the fruits.
Information Extracted from: https://cointelegraph.com/news/bitcoin-rebounds-off-6-week-lows-amid-warning-of-brutal-btc-price-bull-trap

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