Source: https://cointelegraph.com/news/crypto-trading-firm-warns-classic-bull-trap-abitcoin-tags-82-7-k?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The recent rally in Bitcoin (BTC) and other cryptocurrencies may be short-lived, warns analysis from trading firm QCP Capital. The bulletin, issued on April 10, highlighted the risks associated with the ongoing US-China trade war. While global markets, including crypto, initially surged following US President Donald Trump's decision to pause new trade tariffs for most countries, China remained a focal point of tension.

QCP Capital cautioned that the current price rebound could turn into a "classic bull trap" if China retaliates strongly against the US. The firm suggested that market participants should prepare for Beijing's potential countermeasures, which could lead to a sudden reversal in the recent bullish sentiment.

The uncertainty surrounding the trade war has already caused market volatility, with rapid fluctuations