Bitcoin Price Pumps 20%, Are Bulls Running Into a Trap?

2020-3-20 14:11

With bitcoin price registering gains of over 20% in the last 24 hours, many holders are getting excited. But, it seems that the jury is still out on just how positive this latest pump is. Could the bulls be running into a trap? Is This 20% Bitcoin Price Pump the Real Deal? Bitcoin analysts can’t agree on whether this latest pump will keep seeing BTC price soar. origin »

Bitcoin (BTC) на Currencies.ru

$ 87520.47 (-0.10%)
Объем 24H $14.569b
Изменеия 24h: 0.02 %, 7d: -0.96 %
Cегодня L: $87491.32 - H: $87930.97
Капитализация $1747.644b Rank 1
Цена в час новости $ 6719.64 (1202.46%)

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Bitcoin Remains In Bearish State Despite Recent Surge — Here’s Why

Although the Bitcoin price has recently displayed swift recovery to the upside, the broader picture still mirrors a bleak future for the flagship cryptocurrency. A new on-chain evaluation has surfaced, which suggests that Bitcoin’s recent price recovery could be happening within a broader, weak trend, with macroeconomic factors acting as the major influences.

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