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The Daily Hodl 2024-10-09 20:00:05

‘Reality Check’: Top Trader Says Latest Crypto Rally May Have Been a Trap – Here’s Why

A top analyst known for calling Bitcoin (BTC) bottoms is warning that the rallies witnessed by the crypto markets to start the week may been a bull trap. Pseudonymous analyst Bluntz tells his 279,800 followers on the social media platform X that Bitcoin looks short-term bearish after failing to rally above 0.618 Fibonacci level. Traders The post ‘Reality Check’: Top Trader Says Latest Crypto Rally May Have Been a Trap – Here’s Why appeared first on The Daily Hodl .

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