Bitcoin spent the past week grinding lower, putting in consecutive lows with almost no bullish momentum in sight. Then on Friday, February 13th, it finally caught a bid—
$BTC rallied 5.4%, giving short-term traders and scalpers something to work with.
But what looks like relief might actually be setting up something worse. A SuperTrend signal has reappeared—the same one that preceded Bitcoin's last 60% correction. SuperTrend is a momentum-based indicator that tracks trend direction using volatility and price action. When it flips, it's often early warning that the underlying trend is shifting.
The last time this specific signal appeared, Bitcoin entered a prolonged drawdown that wiped out more than half its value. That doesn't mean history repeats exactly, but it does mean the probability distribution has shifted. What's tricky here is that Friday's bounce could attract latecomers who see green candles and assume the worst is over.
That's how bull traps work—you get just enough upward momentum to pull in buyers, then the floor drops. Whether this plays out the same way depends on follow-through, volume, and broader macro conditions. But the signal itself is worth paying attention to, especially when it has a track record.
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