Bitcoin’s recent price action is starting to feel very familiar — and not in a good way. 🤔
Just like the move around $98K, BTC pushed higher with confidence, pulled in breakout traders, and looked ready for continuation. But once again, the follow-through failed.
At first glance, the breakout looked real 🚀. Volume picked up, sentiment flipped bullish, and social media was flooded with upside targets. But beneath the surface, something was off. Price struggled to hold acceptance above key levels, and buyers failed to defend the breakout zone.
This is often how a classic bull trap forms 🪤.
The Liquidity Grab Playbook 📊
Markets don’t need a lot of time to trap traders — they only need the right level.
When BTC approaches a well-watched resistance, liquidity builds up. Stop losses from shorts and breakout entries from late buyers sit there waiting. Once price taps that zone, liquidity gets taken… and momentum fades.
That’s exactly what we’re seeing again:
Convincing push higher ✅
Weak continuation ❌
Sellers stepping in fast 🐻
Price struggling to hold above resistance 📉
If this breakout fails, it confirms that the move was less about trend continuation and more about cleaning liquidity.
Why This Keeps Repeating 🔁
Markets love repeating lessons — especially for those who forget them 😄
Retail traders chase confirmation. Smart money waits for it. When price fails to hold acceptance after a breakout, it’s often a warning sign that distribution is happening, not accumulation.
Until BTC shows strong acceptance and sustained volume above resistance, upside moves remain vulnerable to failure ⚠️.
Final Thoughts 💡
This doesn’t mean Bitcoin is bearish long-term — but in the short term, patience matters.
Failed breakouts are reminders to:
Respect key levels 🧠
Watch acceptance, not just price spikes 👀
Understand that liquidity comes before direction 💧
BTC has run this playbook before… and it may be running it again right now. 📚🔥