Bitcoin (BTC) $73,654.05 -0.42%
Ethereum (ETH) $2,328.85 2.15%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 93.728252 0.04%
Cardano (ADA) $0.29 0.05%
Chainlink (LINK) $9.78 0.44%
Litecoin (LTC) $57.63 -0.43%
Dash (DASH) $34.68 0.57%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 1.24306 0.79%
X-Cash (XCASH) 1.0E-5 0.65%
Dogecoin (DOGE) $0.00 2.79%

Cryptocurrencies: 28615

Markets: 116352

Market Cap: $2,521,205,729,809

24h Vol: $132,504,315,068

CoinTelegraph

2021-01-31 11:00:00

Is the weakness of Bitcoin after the 'Elon Musk pump' hinting at a bull trap?

Is the weakness of Bitcoin after the 'Elon Musk pump' hinting at a bull trap?

Bitcoin is slowing down and weakening on-chain metrics are forcing traders to turn cautious in the short term.

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