📉 Warning: Is this a Bull Trap?
Bitcoin just bounced back to $105K after dipping to $100K — but analysts warn: it could be a bull trap! 🐂⚠️
📌 What’s happening?
The drop was triggered by liquidations from overleveraged traders, including a whale on Hyperliquid.
Concerns grow over Bitcoin custody and lack of transparency around US Strategic BTC Reserves.
Investors fear a global recession is approaching.
🎯 A bull trap happens when traders jump in expecting a reversal, but the market sinks again. Stay sharp!
🔒 Risk management, clear strategy, and market awareness are key right now.
📚 In crypto, knowledge is your best investment.