Bitcoin’s 20% Bounce Looks Like a Bull Trap Despite Improving US Demand — Here’s Why
February 9, 2026 · 6:34 AM
The Bitcoin price has rebounded nearly 20% after slipping close to $60,000 on February 6. The move has revived “buy-the-dip” hopes and fueled talk of a local bottom. At the same time, US demand indicators have started to recover from recent lows. But beneath the surface, volume signals, on-chain data, and price structure suggest the The post Bitcoin’s 20% Bounce Looks Like a Bull Trap Despite Improving US Demand — Here’s Why appeared first on BeInCrypto.
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