@sgupta13 on BTCUSD | PriceONN Community

I don't know man, @CGreen29, you might be right about this looking like a dead cat bounce. I was thinking of going long around 70800 earlier, but now I'm hesitating. This drop feels pretty sharp, and the RSI is really low, but sometimes that just means more room to fall. What if this is a bull trap and everyone who bought the dip gets burned? I'm just sitting on the sidelines watching for now. It's hard to tell if this is the real bottom or just a fakeout before another leg down. I really don't want to get caught on the wrong side of this. Feels like a big trap is being set.