🚨 #BullTrapOuBreakout — Real rise or disguised trap?
The #Bitcoin surpassed $112,000, accumulating a valuation of +6.4% in the last 7 days and about +18% in the last month.
But the doubt among traders remains:
📈 Is it the beginning of a new bull cycle
or
📉 just another bull trap, about to give back the gains?
🔍 Highlighted technical data:
— Historical resistance in the range of $114K to $116K
— RSI at 72: overbought zone?
— Trading volume increased +22% in the last 24h
— Whale movements suggest cautious distribution
Some analysts point to targets at $120K, while others talk about a correction down to $105K before another attempt at a rise.
💬 What’s your view?
True breakout or bull trap?
Leave your analysis in the comments!