#BTC ๐ Hits $100K โ Breakout or Bull Trap?
Bitcoin has officially pumped above the $100K level after sweeping lower-side liquidity. But is this a true breakout, or just a classic bull trap?
There are two likely scenarios:
1๏ธโฃ Itโs a trap to lure in long positions before a sharp pullback.
2๏ธโฃ Or, it could be a genuine recovery from recent war-related market shocks.
๐ For now, the trend is uncertain. Expect fake moves as the market tries to manipulate sentiment. A single good or bad news update could flip the entire direction.
๐ก Smart move? Stick with small position sizes and look to accumulate on spot buys, as previously advised.
โ Stay cautious. Donโt get trapped by the hype.