in

Analyst Calls Bitcoin Surge a “Bull Trap”, Predicts Further Drop

A Twitter character with the identity IncomeSharks has offered an opinion on the current cryptocurrency market situation. IncomeSharks joins other analysts trying to predict how the next phase of Bitcoin price will develop. According to the Twitter account handler, the bears in the Bitcoin market are currently at the “Denial Stage”. He implied that the current price rally is a bull trap and a manipulation, notably saying that a panic stage will follow.

IncomeShark’s tweet was accompanied by a pictorial illustration using an analysis sheet from the Wall Street Cheat Sheet.


Source: Cryptocurrency - investing.com

The EU and US must find common ground on subsidies

Eurozone can beat inflation while keeping markets stable