Bitcoin Bullish Hammer Reversal Forming, But Beware Of Bull Trap Potential

Bitcoin Bullish Hammer Reversal Forming, But Beware Of Bull Trap Potential

Bitcoin price dipped as low as $17,700 overnight before bulls drew a line in the sand and began to defend the recent rally. Although the move down was sharp and severe, the strength of bulls has left a long wick behind and a bullish “hammer” is forming. A daily close at or above $18,500 could […]


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