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Bull trap? Bitcoin Makes Up For Slump And $ 48,200 Now Key Levels By CoinTelegraph





Bull trap? Bitcoin makes up for slump and $ 48,200 now key level

(BTC) made up for its losses on August 25 after a brief decline towards $ 47,000.

1-hour candle chart (Bitstamp). Source: TradingView Recovery or Bull Trap? Data from Cointelegraph Markets Pro and TradingView show that the BTC / USD pair has climbed back to higher levels very quickly.

At press time, the pair was trading at just under $ 48,700, making up for $ 1,500 in a matter of hours.

Read on on Cointelegraph




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Hasan Sheikh
Hasan, who loves technology and games, is studying Computer Engineering at Delhi JNU. He has been writing technology news since 2016.
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