Market Cap: $2,657,677,800,597
24h Vol: $64,405,525,953
Cryptocurrencies: 30028
Markets: 115930
Cryptocurrencies: 30028
Markets: 115930
Market Cap: $2,657,677,800,597     
24h Vol: $64,405,525,953
CoinGape 2022-12-29 15:10:51

What is a Bear Trap in Crypto, and How Does it Work?  – Beginners Guide

What is a Bear Trap in Crypto, and How Does it Work?  – Beginners Guide
Key takeaways: A bear trap refers to a false technical indication of a reversal from an uptrending market to a down-trending market. Bear traps occur in all asset markets including currencies and cryptocurrencies. Bear traps can manifest as a form of downside market correction within an overall bullish move higher. While it’s a difficult proposition The post What is a Bear Trap in Crypto, and How Does it Work? – Beginners Guide appeared first on CoinGape .
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