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


$ 96,066.4
€ 85,106.9
¥ 38,800.0
£ 72,354.7
BTC
-0.48 %
$ 1,838.36
€ 1,628.12
¥ 742.56
£ 1,385.71
ETH
0.47 %
$ 273.24
€ 241.90
¥ 110.14
£ 205.85
XMR
-1.77 %
$ 86.26
€ 76.35
¥ 34.82
£ 64.99
LTC
-1.40 %

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