Bitcoin ‘bear trap’ sees BTC price near $20K as daily gains top 9%

Bitcoin ‘bear trap’ sees BTC price near $20K as daily gains top 9%

Bitcoin (BTC) delivered more surprises on Oct. 14 as the reaction to macro triggers saw a sudden run at $20,000.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

Stocks, crypto smoke shorts

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD climbing to one-week highs, gaining almost $2,000 in hours.

After the United States Consumer Price Index (CPI) print for September came in above expectations, an initial crypto rout put bulls on edge, but the pain was short…


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