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


$ 94,124.8
€ 82,864.7
¥ 38,800.0
£ 70,734.9
BTC
-0.57 %
$ 1,804.29
€ 1,588.41
¥ 743.93
£ 1,355.60
ETH
0.50 %
$ 230.44
€ 202.88
¥ 95.45
£ 173.09
XMR
1.51 %
$ 85.24
€ 75.07
¥ 35.17
£ 64.03
LTC
-2.12 %

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