Bitcoin has pumped by 30% in last two weeks as the value of bitcoin was $32917 (lowest on that day) on 24tg January 2022 and it touched $43000 today and this can't be bull trap as its a sure signal that Bitcoin is rallying towards $50k once again.
I thought it's a bull trap but there will not be a leverage of 30% for bulltrap and I have decided to invest back into crypto and infact cashed in once it crossed $42k. What's your take on Bitcoin price?
Even for now I have seen the initial bullrun that will occur for bitcoin, the current resistance will put them at a gradual recovery level, a scheme like this has happened in the previous year, so the achievement of bitcoin price is at its highest, but for now it is too early to judge and make predictions, because I believe that after five months it will be normal, but for the initial sample I think it meets the criteria for a bullrun