From the opinion that Bitcoin may be facing a major price increase trap to the number of interactive wallets on #Shibarium 's Puppynet increasing sharply. Here are some outstanding news in the crypto market.

A widely followed crypto analyst is shorting #Bitcoin (BTC) after the leading asset generated nearly 100% returns since November 2022.

In a recent video, #DataDash, host Nicholas Merten told his 511,000 YouTube subscribers that he believes Bitcoin's recent rally is a bull trap, as “excitement Excessive incentives” spread throughout the cryptocurrency market.

He said that Bitcoin will likely break through resistance at $29,000 to $32,000 and then turn sharply lower.

This argument comes after considering that Bitcoin price has increased nearly 100% since its 2022 bottom.

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