$BTC Market Outlook – My Take

Bitcoin has pumped after clearing out the lower side liquidity and is now trading above $100K. At this point, there are two possible scenarios:

1. This could be a bull trap — a setup to lure long positions before a deeper drop after a small push up.

2. Or, $BTC might actually be starting to recover from the recent war-driven volatility.

In my opinion, the first scenario seems more likely for now.

The market direction is still uncertain, and we’re likely to see some fake moves aimed at trapping traders. A major news event — whether positive or negative — could bring clarity.

Until then, it’s smart to keep your position sizes small. As I’ve said before, this is still a decent time to consider buying spot, but don’t get caught chasing traps.

Stay cautious.