Bitcoin Rises Above $38,000 Again! Is it a Rise Above Bearish Trap or the Beginning of a Real Flush?

The Bitcoin price faced a rejection from the yearly highs above $38,400 a few days ago. The price further underwent a parabolic recovery to regain the lost levels above $38,000. Besides, the buying pressure has eased to a large extent, causing the price to slightly drop below the daily high of $38,377. Sentiment Result

The Bitcoin price today faced a rejection from the yearly highs above $38,400 a few days ago. The price further underwent a parabolic recovery to regain the lost levels above $38,000. Besides, the buying pressure has eased to a large extent, causing the price to slightly drop below the daily high of $38,377.