Bitcoin bears risk getting trapped if BTC price remains above $50K — Here's why


$ 102,717.3
€ 92,751.2
¥ 38,800.0
£ 78,010.0
BTC
-1.28 %
$ 2,476.80
€ 2,235.57
¥ 935.65
£ 1,882.28
ETH
-0.60 %
$ 336.31
€ 303.51
¥ 127.10
£ 255.33
XMR
-0.70 %
$ 101.86
€ 91.76
¥ 38.44
£ 77.19
LTC
1.77 %

Hash rate, supply shock, and U.S. credit risk are likely the causes for the BTC rally.