🚨 $BTC $Update 🚨
Bitcoin pumped hard after clearing lower-side liquidity and is now trading above $100K. Right now, there are two possible scenarios:
1️⃣ Bull Trap – This could be a classic market trap, luring in long positions before a deeper move down.
2️⃣ Recovery – BTC might be starting to recover from the recent geopolitical tension (war-related impact).
That said, the chances of this being a bull trap are higher at the moment. The market direction remains unclear, and we could see more fake moves designed to trap traders.
📌 In times like these:
Use small position sizes if you're trading.
As I mentioned before, it's a good time to consider spot buying for the long term.
Stay cautious and don’t fall for the traps!