🧠 Shaking Bulls – The Trap Before the Collapse? 🔻📉🚨
Something big just happened on Bitcoin’s chart — and if you blinked, you probably missed it. After weeks of slow grind and growing confidence, BTC suddenly swept liquidity above 116K and rejected it hard. One clean move up, one violent reversal down — the kind of play that traps breakout traders and feeds the smart money.
Bitcoin’s surge looked unstoppable. Influencers called for 120K, traders chased green candles, and sentiment hit euphoria. Then, out of nowhere — rejection. That spike above 116K grabbed stops, triggered FOMO longs, and gave whales the liquidity they needed to offload. Within minutes, momentum flipped and late bulls were stuck holding the bag.
📊 Key Levels
🔸 Rejection Zone: 115,900 – 120,100 (major supply area)
🔸 Target 1: 104,800 (mid-range support)
🔸 Target 2: 86,000 (deep demand zone)
🔸 Final Target: 75,000 (full structure retest)
💡 Why It Matters
This looks like a textbook bull trap. Markets always punish greed. The sharp rally lured traders in, creating liquidity for big players to exit. Now we’re likely seeing a slow distribution phase — strong hands selling to weak hands before a correction deeper down.
⚠️ Invalidation Point
If BTC reclaims 120K with strong volume and closes a 4H candle above, this setup dies. Until then, the short bias stays alive.
🧭 Trading Plan
Short bias below 116K. Scaling into pullbacks, targeting support zones step by step. Patience and discipline — no hero trades.
🤔 What’s Next?
Is this the start of a bigger correction or just a shakeout before the next leg up? Either way, this is a reminder that leverage cuts both ways. Bitcoin doesn’t reward emotion — it rewards timing.
#BTC #Bitcoin #CryptoNews #TechnicalAnalysis #BinanceSquare
