#MarketPullback
🚨 Bitcoin Rebounds to $105K — But Is This Just a Bull Trap? 🪤
BTC bounced back after crashing to $100K, but smart money isn't celebrating just yet.
Here’s why some traders are calling this bounce a fakeout rally — and why caution is 🔑 right now.
⚠️ What Triggered the Drop?
🧨 Overleveraged long positions got liquidated after a massive whale — aka “James Wynn” — lost $100M near $104K.
🗞️ Global headlines stirred FUD:
• Trump–Xi tariff tension 👔
• Fed recession warnings 📉
• Custody concerns over BTC re-hypothecation 🔐
Result? BTC plunged >$5K in a flash.
🪤 Is This a Classic Bull Trap?
Analysts like @SuperBitcoinBro say yes.
💬 Bull Trap 101: Prices recover just enough to bait retail traders back in…
Then dump again as insiders take profit on their liquidity.
Volume says it all. This bounce lacks conviction. 👀
🕵️♂️ Custody Worries Are Growing
📉 Saylor’s Strategy refuses to reveal BTC wallet addresses
💬 Some suspect re-hypothecation (reusing BTC collateral across loans)
🔐 Strike CEO @JackMallers assures “your BTC is never rehypothecated”
Trust is everything in a risk-off environment.
📊 The Macro Risk Isn’t Gone
🇺🇸 Unemployment highest in 8 months
🧾 Fed says tariffs = job loss
🔎 US Strategic BTC Reserves = still no clarity after 3 months
📉 S&P 500 down only 0.55% — BTC decoupling from equities?
BTC’s drop might be crypto-native, not macro-driven. That’s scarier. 😬
BTC at $105K looks good… until you zoom out.
💣 Key bearish pressures:
• Weak volume
• No ETF redemption/staking clarity
• Custody fears
• Overconfidence post-bounce
If you're bullish here, tighten stops and watch volume like a hawk. 🦅
💬 Are we in the middle of a shakeout… or on the edge of a full reversal?
Drop your take 👇
