Five months ago, I warned you about the $82K bull trap, and market movements proved that setup correct. Today, I am issuing another clear warning: we are currently staring at an $87K bull trap.
Everything is unfolding exactly according to my analysis. The temporary relief rally we are seeing is nearly over and will likely end tomorrow, giving way to Bitcoin's next major liquidation phase.
We have seen this exact fractal pattern play out before:
$84K â $73K â $70K â $62K â $58K
Key Takeaways for Traders:
Don't get fooled by this fake relief rally.
Protect your capital â do not become exit liquidity for smart money.
Bookmark this post, save the chart, and check back in a few weeks to see how this plays out.