🚨 $BTC Bitcoin Surges Above $100K – What’s Next? Bull Trap or Recovery? 🚨
Bitcoin has just cleared lower-side liquidity and is now trading above the significant $100,000 level. While this may appear bullish, traders should remain cautious. There are two potential scenarios playing out here:
1. Bull Trap:
This pump could be a classic bull trap, luring traders into long positions before a potential reversal. After a quick move up, the market might see a sharp pullback, especially if no strong fundamentals support this rally.
2. War Recovery Bounce:
Alternatively, this might be a recovery move as markets begin to digest and recover from the recent impact of geopolitical tensions. However, given the current uncertainty, the probability of a bull trap remains higher.
The market is currently in a phase of indecision and manipulation. Expect fakeouts and volatility designed to trap both bulls and bears. It's critical to manage your risk wisely in such conditions.
✅ Advice:
Keep your position sizes small, avoid overleveraging, and focus on spot accumulation rather than aggressive trading. As mentioned earlier, this is a good time to accumulate $BTC on dips, but don’t get trapped by emotional moves.
Stay alert and wait for a clear directional signal before making big plays. 🧠📉📈