Bitcoin ended last week strongly. However, some traders are warning that this could be a trap.
A well-known cryptocurrency trader on X named KillaXBT stated, "Bitcoin may be preparing to move in a way that deceives both buyers and sellers," suggesting that BTC could drop first to scare people, then rise back up, or it could "shoot up quickly and then drop sharply."
He also pointed out a price gap near $117,000, which could act as "a magnet."
