$BTC
(the worst pattern for a bull market "double bull trap" - is starting to form) Bitcoin is forming what experienced traders call a "double bull trap". This is when liquidity is being pumped out in both directions, but the trend "sort of" goes up giving false hope that the bull market will continue and soon to the moon. In reality, it ends in a long and painful decline with at least 30% of the market liquidated. In the last bullrun you can see a similar situation before the big dump of 2021. There were three traps. Whether there will be a third trap this time, time will tell, but the fact is that time is already playing against the buyers. #BTC #Bitcoin #cryptosarcasm
