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Bitcoin Bitcoin Share: 59.74%
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CoinGape
2022-05-19 03:50:56

Bitcoin (BTC) Tanks Under $29,000 After A Classic Bull Trap, Still More Pain Left?

Bitcoin (BTC) Tanks Under $29,000 After A Classic Bull Trap, Still More Pain Left?

After crashing severely in early May and throughout April 2022, Bitcoin (BTC) did show some hope to investors last week by consolidating around $30,000 levels. However, on Wednesday, May 18, the Bitcoin price has once again slipped under $29,000 following a strong correction in the U.S. equity market. Popular Bitcoin critic Peter Schiff calls this The post Bitcoin (BTC) Tanks Under $29,000 After A Classic Bull Trap, Still More Pain Left? appeared first on CoinGape.

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