Bitcoin Analyst Sees BTC/USD Below $6K Despite Rally Sentiment

A rebound in the Bitcoin price this week lifted its short-term bullish sentiment, especially after it broke above a string of crucial technical resistance levels. Nevertheless, the benchmark cryptocurrency might be walking into a bull trap, as per independent trading consultancy WCSE. In an analysis published right before the BTC/USD retracement on Monday, the firm’s front analyst anticipated that the pair might undergo an upside move, only to correct sharply at a later stage. BTC/USD […]

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Author: toutiao