eth I think will go to the fibo 0.618 area and then continue the rally
BullishBanteer
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🚨 #Bitcoin Dips to Set the Trap – Bearish Fakeout Before the Big Move! 💥🚀 $BTC /USDT Price: 111,319
Bitcoin is cooling off around $111,650, hinting at a short-term bearish fakeout before the next explosive leg up. The structure suggests a dip toward $110,500 support could be the setup that fuels the next rally — a classic bear trap that shakes out weak hands before the climb to $120K+.
📉 Short-Term Outlook: Bear Trap in Play
Liquidity sweep likely below recent lows.
$110,500 stands as a strong structural support.
Stop-hunts may trigger shorts before reversal.
Momentum indicators (RSI, MACD 4H) flash short-term weakness, adding weight to a dip scenario.
⚡ Bigger Picture: This pullback could be the last shakeout before Bitcoin’s next explosive run. ETF demand, macro tailwinds, and network health all align for a strong bullish continuation.
👉 Smart money sees dips as opportunities, not threats. Stay sharp.