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BTC: Short-Term Liquidity Hunt Before Bear Trap and Drop

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Bitcoin / TetherUS PERPETUAL CONTRACT (BINANCE:BTCUSDT.P)  
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BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
Trend Analysis Chart Patterns Fundamental Analysis bitcoinlong Cryptocurrency btcanalysis liquidityhunt beartrap shorttermbullish marketstrategy tradingsetup Technical Analysis
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trendanalysis chartpattern fundamental bitcoinlong cryptocurrency btcanalysis liquidityhunt beartrap shorttermbullish marketstrategy tradingsetup technicalanalysis
Bitcoin (BTC) is currently positioned for a short-term move targeting liquidity above the current highs, potentially luring in bears. This setup suggests a liquidity hunt, followed by a rebound from the heavily traded area, and then a push towards higher liquidity zones beyond the recent highs. It appears to be a tactical move to trap bears before a significant downturn. While the short-term outlook hints at a bullish trap, my global perspective remains bearish, anticipating a more substantial short position post-liquidity grab around the $44K level, possibly even higher.https://www.coinglass.com/pro/futures/LiquidationHeatMap
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