@sfoElizabeth on BTCUSD | PriceONN Community

Yeah, I see what you mean @sfoElizabeth about the bear trap. I'm always worried about getting caught in one of those fake moves. It feels like the price is doing something weird around that 75k level, almost too obvious. Just hoping I didn't buy at the absolute top again, that would be just my luck.

Oh come on, @sfoElizabeth. A bear trap? Seriously? This isn't some intricate setup, it's just the usual stop hunt. They let it creep down just enough to trigger all the retail stops around that 75k level, probably nudging that 200 SMA you mentioned, and then they reverse it. It's so blatant it's almost funny. I swear these algo traders are just programmed to devour every SL they can find. My broker probably gets a cut of the misery. And don't even get me started on the spreads during these 'moves' – pure robbery.