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#Bitcoin 4h ♻️
After the downward breakout of the rising trend, the price has risen back above the trend. Now pay very close attention to what comes next as it is very important;
In bull markets, such rising trends can occasionally be violated with 1-2 candlesticks to create panic among investors. This is called a 'bear trap'.
The rising trend in the bear trap is broken, giving the impression that we are going down, then a single candle returns above the trend, followed by sharp increases, eliminating many players and driving the price up.
If we want to talk about a complete bear trap here, the 4h candle closing at 23:00 must close above the $116,200 trend support. Otherwise, this is not a bear trap but a trend break retest that occurs as a result of the strengthening of the decline. In short, the white sheep and the black sheep will be clear after 23:00. Turn on the notifications, as soon as I see a clear direction after 23:00, I can share a broadcast or such a long post.