CandleFocus Fears of Recession Abound, Why This Bitcoin Price Recovery Could Be A Bull Trap
2024-09-09
Author: Content Editor
The recent recovery in the cryptocurrency market has occurred at a time when there are concerns about a recession in the United States and a struggling Bitcoin price due to worrisome economic indicators. Disappointing manufacturing PMI data and a weakening labor market report have made investors uneasy. Despite the current signs of recovery in the crypto market, experts believe that the rally may not last long.
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