@sfoElizabeth on BTCUSD | PriceONN Community
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This BTCUSD price action feels like a classic bear trap setup. They push it down hard, making everyone think it's going to plummet further, maybe towards that 200 SMA. But then, BAM, it snaps back up, catching all the short sellers off guard. Be careful not to get caught on the wrong side of a fakeout.