@$BTC just made a strong move after clearing the lower-side liquidity and is now trading above $100,000. While this pump looks exciting, there are two possible scenarios playing out right now:
1. Bull Trap:
This could be a classic bull trap. The market may have triggered long positions by pushing the price up, only to reverse sharply and catch late buyers off guard. In this case, we might see BTC heading back down after a short-term rally.
2. Genuine Recovery:
Alternatively, this might be the beginning of a real recovery — a bounce back from recent bearish impacts (possibly geopolitical or macroeconomic pressures like war). However, the chances of this being a true recovery are currently lower than it being a trap.
#BinanceAlphaAlert #BTC110KToday? #MarketRebound #MarketRebound
