Bitcoin Rally Stops Short of $50K as Traders Fear Bull Trap. GFOX Presale Breaks New High of $800K

2023-12-13 11:59

Overleveraged traders got wiped out on December 11th as a violent wick to the downside liquidated millions of long positions. The Bitcoin (BTC) rally paused just shy of $50,000, and now traders fear an impending bull trap.

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traders trap → Результатов: 22


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XRP Could Soon Trap Bulls; Here’s How Low Traders Think It Could Decline

XRP, like most other altcoins, has been caught within a bout of sideways trading throughout the past several days and weeks The cryptocurrency’s rangebound trading may not last long, however, as analysts are now noting that it could be poised to see some major downside in the days and weeks ahead Its next notable decline could be sparked by a bull trapping movement higher Some analysts are even pointing to a fractal that suggests new […]

2020-5-24 22:00


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Bitcoin Will Drop To $4000 In ‘Wildcard Move’ Before Rally: Analyst

Popular YouTube securities and crypto analyst, Alessio Rastani has predicted that Bitcoin will drop far below the 21-day EMA before rallying to a new all-time high in 2020. Bulls could be Walking into a Massive Trap Alessio Rastani, a popular securities trader and crypto analyst, believes that confirmation bias is misleading crypto-investors to the extent that the majority of traders will in absolute disbelief when Bitcoin drops below $6,000.

2019-7-30 13:00


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Bitcoin Price Analysis: Range-Bound Market Coiled for Next Move

For the better part of a month and a half, bitcoin has been fairly range-bound and unable to establish new lows or new highs. There are some bullish and bearish setups on the horizon for bitcoin, so let’s check out both sides of the argument because currently the market is sitting in the middle of Indecisionville — the most immediate sign of which is this glaringly obvious head-and-shoulders bottom reversal pattern:Figure 1: BTC-USD, Daily Candles, Head-and-Shoulders BottomThis current pattern is nothing more than a setup at the moment, but it represents one potential outcome of this sustained consolidation.

2019-1-4 02:22


Bitcoin (BTC) recovery a forlorn hope, we are set to go another leg down

Overwhelming majority of traders on Tradingview and Twitter are seeing this greenery of today as a bull trap and are short on bitcoin, in the near term. If BTC manages to stay above $4255-4260 we can then retest the $4600-$4800 levels, otherwise we fall down and anything below $4100 will probably send BTC to the […] The post Bitcoin (BTC) recovery a forlorn hope, we are set to go another leg down appeared first on CaptainAltcoin.

2018-11-29 03:19


Bitcoin [BTC] Price Records Gains After Last Week’s Bloodbath- Bull Trap?

Bitcoin is back trading above the $7000 mark today after a week of steep losses. $6850 has effectively acted as support, but with today’s rise being on low volume, the big question is whether this rise will be short-lived or whether it could be the start of the bull market for which traders and investors have […] Bitcoin [BTC] Price Records Gains After Last Week’s Bloodbath- Bull Trap? was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

2018-8-7 16:18