$BTC moved back above $78,000, reviving bullish sentiment across the crypto market. But not everyone trusts the rebound.
Crypto analyst Marmot says the recent move may be a bull trap — a temporary rally that attracts buyers before a sharp reversal lower.
Why the Warning?
According to the analyst, Bitcoin is forming a pattern similar to late 2025, when BTC rallied strongly before collapsing from near $100K to below $65K.
He says Bitcoin is now trading inside another triangle wedge between roughly:
• $72,000 support
• $80,000 resistance
If history repeats, he believes BTC could face a deeper correction toward the $50,000 zone.
Other Pressure Factors Mentioned
Marmot also pointed to:
✔ Recent spot ETF outflows
✔ Institutions possibly selling into strength
✔ Retail traders buying the dip
✔ Liquidity being used for larger players to exit positions
Bullish Side Still Exists
This remains one analyst’s view, and many traders still see strength while BTC holds key support levels.
What Matters Now
For bulls, a clean breakout above $80K with volume would weaken the bear trap thesis.
For bears, losing $72K could increase downside risk quickly.
Bitcoin is at a decisive zone — the next move may define short-term market direction.