logo
welcome
CoinGape

CoinGape

Fears of Recession Abound, Why This Bitcoin Price Recovery Could Be A Bull Trap

CoinGape
Summary
Nutrition label

67% Informative

Bitcoin price shows signs of market imbalance and could drop to $ 28k .

Longest inverted yield curve in the US has cleared, igniting fresh fears of a recession.

New all-time highs for the crypto market are unlikely in the short term.

Experts caution that the current bounce could be a bull trap, tempting investors into false optimism.

Pepe Coin Price Just Flashed a 25% Buy Signal , Is It Time to Long PEPE? - Terra Luna Classic To Burn 1 Billion USTC & 275 Billion LUNC? - FriendTech Shutdown: Decentralization Move Backfires , FRIEND Token Fell 40% - Bitcoin News: Fractal Bitcoin Mainnet Launches with Premine Controversy and Code Tweaks.