🚨 Bitcoin at $106.6K: Bull Trap or Bounce? $BTC

Bitcoin is trading around $106,500, reclaiming ground above the $100K mark—but the market’s tone remains murky.

Why this feels like a trap:

• Technical analysis shows a classic fractal pattern that often signals a fake breakout before a sharp drop beneath $100K ļæ¼ ļæ¼.

• The balance between long and short positions in the $100K–$110K range suggests building tension—shorts are increasing faster, setting the stage for sudden reversal ļæ¼.

Why recovery is possible:

• Geopolitical relief—like the recent Middle East cease‑fire—has pushed BTC up from $98K to over $105K ļæ¼.

• Spot ETF inflows are boosting market support and cushioning dips ļæ¼.

šŸŽÆ What You Should Do Now

• Play small: Use minimal position sizes to dodge whipsaws in this uncertain zone.

• Collect on the dip: Gradually buy in spot between $100K–$105K—ideal for long-term holders.

• Watch the news: A major economic or geopolitical trigger could swing the trend fast.

• Stay disciplined: Don’t fall for quick pumps—only trade with funds you’re okay to lose.

šŸ’¬ Comment ā€œHODL SMARTā€ if you’re building patiently.

ā¤ļø Like if you’ve got dry powder ready.

šŸ” Tag your trading squad.

šŸ“ˆ Follow for real-time strategy—no hype.