Bitcoin Stuck in a Bear Trap? Why Analysts Believe a Surge Is Coming

Bitcoin’s (BTC) price has historically experienced multiple bear traps. Depending on market conditions, these traps have appeared in short-term phases or larger timeframes. Some analysts believe that Bitcoin is currently in such a bear trap and that a bull run will begin after the current phase ends. What Does Bitcoin Bear Trap Cycle Mean? A bear trap occurs when an asset’s price (such as... source: https://beincrypto.com/bitcoin-bear-trap-cycles/