📌 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.
$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