🚨 BTC Bull Trap? Proceed with Caution!
Bitcoin spiked from $84K to $87K overnight during early Monday trading in the low-volume Asian session. While the move might seem bullish, there are red flags:
🔍 Key Signals:
• RSI is flashing overbought
• Whale trackers show massive buy/sell orders for BTC & ETH in rapid succession
• Low volume + sharp pump = classic signs of liquidity harvesting
No major catalysts (Fed statements, ETF updates, etc.) suggest this spike isn’t entirely organic. It appears big players are triggering liquidations — first targeting shorts, then flipping to wipe out longs.
📊 What You Should Do:
📈 In a Long? Ride the wave carefully — look for exit points in chunks
📉 In a Short? If you’re not over-leveraged, target ~$83K
💎 Long-term Hodler? Sit tight. BTC still has potential to hit $120K+, but this likely isn’t the breakout moment
Stay smart. Stay sharp. Don’t get caught in the trap.
#BTCReboundsBack #SaylorBTCPurchases #SolanaSurges #CryptoCaution #altcoinseason