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    Home»Bitcoin»You Bought Performed: The Largest Bitcoin Bear Lure in Years Simply Closed
    You Bought Performed: The Largest Bitcoin Bear Lure in Years Simply Closed
    Bitcoin

    You Bought Performed: The Largest Bitcoin Bear Lure in Years Simply Closed

    By Crypto EditorMarch 6, 2025No Comments1 Min Read
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    You Bought Performed: The Largest Bitcoin Bear Lure in Years Simply Closed
    The Capital
    Photograph by Francesco on Unsplash

    Bitcoin simply flipped the script. After weeks of tension, purple candles, and countless hypothesis a few deeper correction, the value motion tells a distinct story — this was a bear lure, and people who bought on the backside simply obtained performed.

    It’s a well-known sample. Bitcoin dips arduous, technical analysts name for a deeper correction, and merchants panic-sell whereas whales accumulate. The most recent pullback to $78K triggered widespread concern, however identical to clockwork, BTC reversed with a vengeance, surging again above $94K in a matter of days.

    For those who had been ready for $70K or decrease, the market simply left you behind.

    A bear lure happens when an asset’s worth declines simply sufficient to lure in brief sellers and shake out weak palms — solely to reverse immediately and depart these merchants scrambling to purchase again at larger costs. That’s precisely what occurred right here.

    On-chain knowledge exhibits vital accumulation close to the latest lows, with long-term holders and establishments scooping up BTC whereas retail buyers hesitated. Add within the sudden inflow of liquidity from a U.S. crypto reserve proposal, and you’ve got the proper…



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