Crypto Rover: Bitcoin course slip just a bear trap?

Crypto Rover: Bitcoin course slip just a bear trap?


Despite the tense geopolitical situation, the crypto market is surprisingly resistant. The renowned crypto analyst crypto rover, with an impressive range of almost 200,000 YouTube subscribers and around 1.9 million followers on X, interprets the latest price slide at Bitcoin as a possible bear trap-a phenomenon that has been observed several times in the past that Bitcoin briefly falls under important support zones to be able to collect before a sharp upward movement follows.

Technical signals indicate relaxation

After confirming a ceasefire between Israel, Iran and the United States, there was a prompt rebound on the Kryptomarkt. Bitcoin broke out again over the much-noticed EMA ribbon, which is considered a sign of short-term strength. In addition, the inverse head-and-shoulders formation remains active, which also indicates a bullish continuation of the trend.

Photo: Clickout Media

At the same time, Ethereum is also recovered, with record-breaking medium inflows into the Ethereum ETFs-Fidelity alone traces of over $ 60 million. Crypto Rover sees the current consolidation zone between $ 2,300 and $ 2,600 as a classic setup, in which an outbreak in both directions could trigger a strong momentum and recommends active retailers to carefully observe these zones.

Market behavior is similar to earlier reakcumulation phases

The current market behavior is strongly reminiscent of past reakcumulation phases, in which panic was initially triggered among investors before a sharp countermovement was used. According to Rover, the weekly chart also shows a stable upward trend, which could receive further impulses in the medium term due to globally increasing liquidity and institutional demand.

In this environment, risk -leading investors are looking for opportunities to multiply their return. Projects such as the BTC Bull Token (BTCBULL) Interesting perspectives for Bitcoin investors who want to potentiate their earnings. The concept: Btcbull token holder receives automatic Bitcoin rewards as soon as certain Bitcoin price levels are reached, starting at $ 150,000.

Last days in the Btcbull Presale

The BTC Bull Token Combines several attractive mechanisms for investors. With a Bitcoin course of $ 125,000, a token burn is triggered that snaps the offer and potentially supports the tokens price. The first Bitcoin Airdrops take place at a price of $ 150,000, with further distributions at 200,000 and $ 250,000.

In addition, the project offers a staking model with variable returns of up to 55 percent APY. The token based on Ethereum is fully integrated with the multichain wallet “Best Wallet”, which enables automatic tracking of Bitcoin course brands and the seamless distribution of rewards. The pre-sale is located in the final phase with a price of $ 0.00258 per token-the last opportunity for investors to start before the official listing. Interested parties should hurry because only a few days left until the end of the Presal.

Directly to the BTC Bull website

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Jayd Johnson