URGENT đš Bull Market Trap Incoming! [Prepare for a Dip!]
The bull market is heating up, but bewareâa potential market trap is on the horizon. After Bitcoinâs rally towards the $88K-$89K range, a fast shakeout may follow, creating an opportunity for investors but also a major lesson for those unfamiliar with market cycles. Such pullbacks can be intense, possibly dropping up to 20% before the upward momentum resumes.
In bull markets, these "traps" often attract late buyers who, drawn in by FOMO, can suffer immediate losses they weren't expecting. Understanding these shakeouts is crucial; they get bigger with time, potentially catching even seasoned traders off-guard.
For those ready, this dip could open up buying opportunities, especially in altcoins. Remember, in a bull market, taking profits and keeping cash on hand is a strategy that seasoned traders follow. As the market corrects, use this moment to prepare for the upcoming stages. This dip is just a warm-upânavigate it wisely to stay positioned for long-term gains.
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