Bitcoin “bull-trap” alert: Is the path to $100,000 still open for BTC?
Bitcoin’s (BTC) recent price action has raised red flags for investors as it briefly surpassed the critical $70,000 resistance level, only to retreat shortly after. This aligns with a classic “bull-trap” pattern, a situation where buyers are lured into what appears to be a breakout, only to face a sharp reversal. The current price movement suggests that this might indeed be the case, casting doubt on the likelihood of Bitcoin reaching the $100,000 target in the near term. Picks for you Ripple prepares for what could be the largest XRP dump in 7 years 3 hours ago AI sets date when Bitcoin will hit $100,000 4 hours ago 2 cryptocur...