The Bitcoin and pretty much all cryptos experienced an explosion of an upswing on Thursday, April 12, with granddaddy coin jumping more than $1,000 to break $8,000 level about a half hour period. My take on this is the sudden surge was as a “Bear Trap”: And unfortunately out stop has been triggered.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.