Home Coingape Beware, Bitcoin Jumping Back Above $30,000 Could Be A Dead Cat Bounce, Here’s why

at May 19, 2022

After a choppy Thursday, Bitcoin has once again surged over 3.5% moving past $30,000. Yesterday, we reported how it could be a classic case of a bull trap. Today’s bounce back above $30,000 levels could just be a dead cat bounce. Bloomberg shared a technical chart wherein it states that the Bitcoin rally looks absolutely

The post Beware, Bitcoin Jumping Back Above $30,000 Could Be A Dead Cat Bounce, Here’s why appeared first on CoinGape.



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