Is the weakness of Bitcoin after the 'Elon Musk pump' hinting at a bull trap?

by Aurelia Butler 31 January 2021, 11:40 199 Views

One concerning trend is that the volume of Bitcoin has been stagnating along with its price, apart from the “Elon pump” on Jan. 29. This trend indicates that there is an overall drop in buyer demand since the $42,000 top despite BTC hovering in the low $30,000 region.

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Source: Cryptocurrency - investing.com

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Is the weakness of Bitcoin after the 'Elon Musk pump' hinting at a bull trap?

Exclusive: Tunisia to issue up to $3 billion debt and push reforms this year, finance minister says

British government working on COVID recovery plan for economy, says source

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