Bitcoin analysts warn of $95K ‘bear trap’ despite record $102K monthly close
Bitcoin staged the first monthly close above the record $100,000 mark, as analysts warn of a BTC bear trap to $95,000.
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Bitcoin’s brief rally to $100K triggers record 5.4K BTC monthly outflow
The Bitcoin community’s $100,000 celebration was cut short as BTC nullified its previous day’s returns. However, from a technical perspective, it does not invalidate the bullish market structure.