📉 Fakeouts After Sideways? Here’s What Just Happened with #BTC !

Have you noticed how after a long sideways move, Bitcoin often makes a sudden push in one direction… only to snap back HARD the other way? 🤯

That’s exactly what happened on June 20 👇

🔹 #BTC was ranging quietly around 104k–105k for almost a day.

🔹 Then suddenly — boom 💥 — a spike to 106,497!

🔹 Just as quickly, it reversed and dumped to 102,285!

🔹 RSI spiked, volume exploded… classic liquidity grab.

So what’s going on? 🤔

This is what traders call a false breakout or stop hunt. After sideways markets, liquidity builds up above resistance and below support. Big players often trigger those stop orders — only to reverse the price back violently.

Pro Tip:

When price breaks out too fast and too obvious, be cautious. Watch for RSI divergence, high volume, and a quick reversal. Sometimes, the real move is the opposite of the first one!

Stay sharp, don’t chase breakouts blindly. 🧠💪

#BTC #Fakeout #TradingTips #Binance #PriceAction