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Wed, Mar 3, 2021 3:12 PM by CoinGape

Bitcoin Price Rise Above $52K; Analysts Warn About a Possible Bull Trap Ahead

Bitcoin price finally broke out above $50,000 to record a new daily high of over $52,667 after spending the last two weeks under $50K. The key on-chain metrics is signalling bullish sign with the exchange Bitcoin volumes on the decline while whales continue to accumulate Bitcoin as Coinbase registered another 12K Bitcoin outflow yesterday. While The post Bitcoin Price Rise Above $52K; Analysts Warn About a Possible Bull Trap Ahead appeared first on Coingape.

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