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#BTCReboundTo96K | Breakout or Bull Trap? 🤔
Bitcoin has bounced aggressively, now pressing $96,000, reigniting market optimism. But is this a true breakout or just a short-term liquidity move?
📈 Bullish Signals ✅
Key psychological levels reclaimed
Market sentiment shifting back to risk-on
Holding above prior resistance opens the door to $100K
Altcoins often follow BTC strength
⚠️ Caution ❗
Sharp rallies can trigger pullbacks
Liquidity grabs & FOMO may fade quickly
Waiting for confirmation/retest may offer better risk-reward
🤔 Strategy
Momentum traders: Ride strength with tight risk manag