🚨🗣📢BTC NEXT POSITION⁉️🎯
Bitcoin experienced intense volatility yesterday, but this movement wasn’t entirely unforeseen. Earlier signs of a breakout were visible — particularly from the 103k zone — which many anticipated would extend to 105k before pulling back to 103k or possibly 102k. The consolidation zones marked by yellow boxes showed a familiar pattern of accumulation and breakout, yet this latest move bypassed expectations and surged to 107k... only to sharply correct back down to 102k. ⚡️📉
This explosive move above 105k appears to have been a classic bull trap 🪤 — price shot up rapidly, luring in late buyers before whales locked in profits at 107k 💰🐳, triggering a liquidity grab. These whales are likely planning to buy back lower, now that over-leveraged positions have been flushed out. This type of volatility is often used by major players to reset the market before resuming the larger trend. 🧠💼
Looking ahead, BTC may consolidate between 102k and 105k 📊, building a broader base. This range-bound movement could signal strength, especially if it outlasts the duration of the previous yellow-box consolidations. A breakout from this longer sideways action could send BTC soaring to a new all-time high! 🚀🔥
Alternatively, a deeper retracement to 100k remains on the table. A move to this level wouldn’t necessarily be bearish — in fact, it could serve as a springboard for a sharp reversal. If price dips to this psychological support and buyers step in aggressively, the next leg up could easily breach all resistance levels. 🛡️📈💣
What unfolds next may hinge on whether BTC forms another trap... or a proper base. Stay sharp. 🧩⏳