$BTC Bitcoin has surged past the $100,000 mark after sweeping lower-side liquidity, catching the attention of traders worldwide. But before jumping into long positions, it’s important to look at what might really be happening behind the scenes.
There are two likely scenarios unfolding:
1. Bull Trap in Play?
The recent pump could be a classic bull trap — a move designed to lure in long positions before a deeper correction. With current market volatility and uncertainty, this seems like the more probable outcome.
2. Recovery Mode?
Alternatively, Bitcoin could be starting to recover from the recent geopolitical tensions and the broader market impact of war-related developments. While this is possible, it's still too early to confirm a full-scale recovery.#BTC110KToday? #BinanceAlphaAlert #StrategyBTCPurchase