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🎀Mughal Queen 👑
Writing
$BTC bounced hard from around $80,000 to $83,000, showing some impressive momentum.
But honestly, I have zero interest in chasing this rebound.
The reason is simple: there’s still a lot of trapped liquidity overhead. As the price approaches resistance, more trapped holders may rush to exit at breakeven than fresh buyers willing to chase higher.
If BTC fails to reclaim and hold above $84,000, this rebound could easily turn into another bull trap.#DailyOrbit
