After the Dec-Jan hype almost 7 months ago when the BTC went over the 19000 price, we are in bear market with the bitcoin price movement in the range of 5000-10000. After the bitcoin etf was postponed and later rejected, we saw btc dipped below the levels of 6000$.
After almost a month, Bitcoin has now broken 7200 resistance and touched 7250. Is it finally the starting of the bull run we have all been waiting for so long or is it just another bull trap? Do share your thoughts.