📈 $BTC Hits 100K – But Is It a Bull Trap or Real Recovery?
Bitcoin just cleared lower side liquidity and is now trading above $100,000. But don’t celebrate too early.
Right now, two scenarios are playing out: 1️⃣ This could be a classic bull trap—a small pump to bait long positions before dumping lower. 2️⃣ Or, it might be a recovery move following the recent geopolitical instability.
🔎 Based on current market sentiment, the bull trap theory holds more weight. The direction isn’t clear yet, and we’re likely to see fake moves designed to trap traders.
🧠 My advice? • Stick to smaller position sizes • Avoid emotional trades • Continue spot buying gradually—this is still a good accumulation phase • And most importantly: Don’t fall for the traps!
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