🚨🚨🚨 IT'S A BULL TRAP. GET OUT NOW

Based on the recent chart results, there are several analysts and sources suggesting that Bitcoin is showing bearish divergence on its daily chart and has been for a while.

Here's a summary of what the results indicate:

* Multiple Sources Confirm: Several reports from various platforms (Binance Square, Cointelegraph, Kitco, DailyForex, etc.) indicate that bearish divergence has been observed on Bitcoin's daily chart.

* Indicators Used: The Relative Strength Index (RSI) is frequently cited as the momentum indicator showing this divergence (price making higher highs while RSI makes lower highs). MACD is also mentioned in some cases.

* Interpretation as a Bull Trap: Many analysts explicitly state that this bearish divergence points to a potential "bull trap," meaning the current price strength might be a false signal before a significant downturn.

* Potential for Correction: The divergence is seen as a warning of weakening momentum and a potential for a downward correction or even a significant decline, with some comparing it to the 2021 market top.

* Ongoing Concern: These warnings have been present over the past few weeks and days, indicating that this is an ongoing concern for many market observers.

In conclusion, yes, current market analysis suggests that Bitcoin is showing bearish divergence on its daily chart, and this is widely interpreted as a potential bull trap.

However, it's crucial to remember that this is technical analysis, and market conditions can change rapidly. Always conduct your own research and consider multiple factors before making any trading decisions.

#MarketRebound