#BinanceTurns8

Bitcoin Breakout: Real Rally or Bull Trap?

Bitcoin ($BTC) has surged after sweeping the lower liquidity zones and is now trading above the $100K mark. This move has sparked two possible scenarios:

Bull Trap Alert – The current pump might be a setup to lure in long positions before reversing downward. This is the more likely scenario.

Recovery in Progress – Alternatively, BTC could be stabilizing from recent geopolitical tensions, signaling a potential recovery.

At this stage, the market direction remains uncertain. Expect misleading price action aimed at shaking out both bulls and bears. Only a major catalyst—either positive or negative—will provide a clearer picture.

In times like these, it's wise to manage risk carefully. Stick to small position sizes and, as previously advised, consider accumulating BTC via spot purchases. Stay sharp, and don’t get caught in the traps!

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