Bitcoin sparks 'bull trap' warning after BTC price rejects at $76K
2h ago•
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Bitcoin bulls failed to take out major resistance at six-week highs as open interest trends resulted in warnings over a BTC price reversal.
Bitcoin (BTC) faces turning its rebound into a classic “bull trap” as price rejects at strong resistance.
Key points:
Bitcoin faces flat Coinbase spot demand and an open interest divergence as prices rise above $75,000.
2h ago•
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