Building confidence to trap investors
The 1D candle dropped and then rose by more than 5k, trapping investors who FOMO’d in, thinking the price had bottomed.
In my view, the current bottom price zone will be 69k—a long-term zone that sweeps up all liquidity.
Additional data: Gold and silver prices will recover thanks to inflows from crypto and stocks => After Lunar New Year, February through July will be the period when crypto rises the most in 2027.
$BTC #BullTrapToDump