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Bitcoin at $81,552 faces risk of bull trap as US-China tensions escalate

Home » Business » Markets » Bitcoin at $81,552 faces risk of bull trap as US-China tensions escalate

Bitcoin at $81,552 faces risk of bull trap as US-China tensions escalate

Diya Poddar 11/04/2025 04:21

QCP Capital warns of a bull trap if China retaliates. Market makers are said to be selling into the rally ahead of May and June. USD/CNY hits 7.35, triggering capital outflows from China. Bitcoin (BTC) surged past $82,000 earlier this week, but the rally’s stability remains in question…

CoinJournal
QCP Capital warns of a bull trap if China retaliates. Market makers are said to be selling into the rally ahead of May and June. USD/CNY hits 7.35, triggering capital outflows from China. Bitcoin (BTC) surged past $82,000 earlier this week, but the rally’s stability remains in question…
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