Bitcoin Hits $BTC $100K – But Be Careful!
Bitcoin ($BTC) has jumped above $100,000 after clearing lower price levels. This big move has excited many traders, but it’s important to stay careful.
There are two possible reasons for this pump:
1. Bull Trap – The market may be tricking traders into buying, only to drop again soon. This is common when the market is uncertain.
might be trying to recover from recent bad news like war. But this is less likely right now.
The market has no clear direction at the moment. It might make some fake moves to trap both buyers and sellers.
What to do?
Trade with small amounts
Good time to buy some spot (long-term holding)
Don’t fall for traps – stay smart!