In a downtrend, $BTC often pumps above key resistance to trap longs.
In an uptrend, Bitcoin often dumps below key support to trap shorts.
Right now, the major support is at $75K, and I wouldn't be surprised to see a capitulation wick below that.
In an uptrend, Bitcoin often dumps below key support to trap shorts.
Right now, the major support is at $75K, and I wouldn't be surprised to see a capitulation wick below that.