⚡️ BTCUSD 1D – Still declining? This could be a bull trap ⚠️🐂
⚠️I still believe that Bitcoin has entered a bear market and this recent rally could be a bull trap, before dropping deeper.
🔝 This rally is strong and swift — usually signaling more corrections rather than fewer. We might be looking at a correction or even a more complex structure, rather than a triangle.
📉 If this scenario is correct, Bitcoin could enter a period of sideways movement or prolonged decline, potentially lasting several months.
💡 Don't let short-term moves blind you to the bigger picture.