Bitcoin [BTC] Bears Make the Run as Price Breaks $8600, Could it be a Bull Trap?

Bitcoin [BTC] Bears Make the Run as Price Breaks $8600, Could it be a Bull Trap?

Bitcoin [BTC] made a strong move on Wednesday as it gained more than $500, reaching a daily high of $8710. The momentarily broke above the 200-Day moving average at $8630. However, it failed to break …