❓ Is #Bitcoin Setting a Trap for Dip Buyers Right Now?
Answer: Very possible.
$BTC is still in a #bearish daily structure:
Price is below all major moving averages
Trend = Down
Momentum = Weak
Structure = Breakdown
The recent move from 60K → 67K looks like a technical bounce, not a reversal:
No volume expansion
No structure break
No bullish confirmation
🔑 Levels to Watch
Support: 66K → 60K
Resistance: 70K → 74.8K
If 66K fails, downside opens to:
64K → 62K → 60K
🧠 Market Logic
Dip buyers act on hope.
Smart money waits for confirmation.
Professionals trade probability.
📌 Verdict
This bounce looks more like a bull trap setup than accumulation.
In #BEARISH📉 structure, every bounce is a risk — not an opportunity.
📉$BTC

BTC
67,628.41
+1.66%