๐ Bitcoin Breakout or Bull Trap? โ ๏ธ
Bitcoin has surged past key resistance levels, sparking excitement across the market. But is this the real deal, or just another bull trap before a deeper correction?
๐ Market Overview:
BTC dominance risingโaltcoins lagging
Volume spikes suggest strong interest, but is it sustainable?
Liquidity clusters indicate potential stop hunts ahead
๐ฅ Key Levels to Watch:
๐ Breakout Confirmation: Hold above $XX,XXX
๐ Bull Trap Warning: Failure to reclaim $XX,XXX = fakeout risk
๐ก Pro Tip: Avoid FOMO! Watch for retests & volume confirmation before making aggressive moves. A breakout without strong follow-through could lead to a sharp rejection.
๐ Whatโs Next?
โ Sustained push = ALTCOIN SEASON incoming
โ Fakeout = Potential shakeout to liquidate overleveraged longs
