Bitcoin $BTC has surged past the $100,000 mark after sweeping lower-side liquidity, reigniting excitement across the crypto market. But behind this breakout, traders are facing a critical question: Is this a true bullish recovery or a cleverly disguised bull trading $BTC
The most likely scenario right now is a bull trap. After the strong pump $BTC could be setting up to lure long traders into the market before reversing sharply. This tactic often leads to heavy liquidations and plays right into the hands of market makers. The current rally might be short-lived, just enough to trigger FOMO (fear of missing out), grab liquidity, and then dump