The Bitcoin price (BTC/USD) has experienced a price decline in recent days, currently trading around $61,000.
Some analysts interpret this as a potential bear trap, a scenario where the price falls to entice retail investors to sell at a loss, followed by a reversal and price increase.
These analysts cite increased institutional buying activity coinciding with recent approvals of Bitcoin ETFs as evidence of this strategy.
Some analysts interpret this as a potential bear trap, a scenario where the price falls to entice retail investors to sell at a loss, followed by a reversal and price increase.
These analysts cite increased institutional buying activity coinciding with recent approvals of Bitcoin ETFs as evidence of this strategy.
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Soon come
USDT: 0xd3787d843Cf915E5475119459B34b6429827c297