Compass Investments

Crypto vs. Dollar

📌 Bitcoin analysts warn of $95K ‘bear trap’ despite record $102K monthly close – A bear trap is a form of coordinated but controlled selling that creates a temporary dip in an asset’s price, comprising a significant correction during a long-term uptrend.

Bitcoin analysts caution that the recent record $102K monthly close may be misleading. Despite the surge, experts warn of a potential $95K bear trap, a strategic sell-off causing a temporary dip amid a long-term uptrend. Investors are advised to remain vigilant as #BTC navigates these volatile waters, balancing optimism with caution. Bitcoin

$BTC

Bitcoin analysts caution that the recent record $102K monthly close may be misleading. Despite the surge, experts warn of a potential $95K ‘bear trap,’ a strategic sell-off causing a temporary dip amid a long-term uptrend. Investors are advised to remain vigilant as #BTC navigates these volatile waters, balancing optimism with caution.

#Bitcoin #CryptoAnalysis #Macro Insights# #BearTrap

Bitcoin

Bitcoin

$96,682.85

BTC -0.31%

Ethereum

Ethereum

$2,804.43

ETH 4.17%

Binance Coin

Binance Coin

$678.61

BNB 0.58%

XRP

XRP

$2.71

XRP -0.55%

Dogecoin

Dogecoin

$0.27

DOGE -0.36%

Cardano

Cardano

$0.82

ADA 6.42%

Solana

Solana

$185.10

SOL -2.66%