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BITCOIN BULL TRAP OR CORRECTION BEFORE THE NEXT ATH
In 2021, $BTC formed two consecutive rounded tops, then dropped to a critical support zone. When the price bounced back, many thought the uptrend had returned, but in reality, it was just a bull trap. After a brief rebound, the market crashed hard and entered a prolonged bear market.
The chart for 2025 is showing a nearly identical pattern. Bitcoin forms two tops, then drops sharply to a critical support area. In this zone, the price bounces back again, and the area marked in red indicates that this could also just be a bull trap.
If the pattern continues to mirror 2021, the price could break through the key support and enter a slow but prolonged decline, as suggested by the blue curve.
The most important point here is the critical support zone. As long as this area holds, the market still has a chance to recover. But if it breaks below, overall market sentiment could change very quickly and lead to a deeper correction phase.