Market Cap: $3,363,512,843,742
24h Vol: $68,523,822,230
Cryptocurrencies: 26585
Markets: 104250
Cryptocurrencies: 26585
Markets: 104250
Market Cap: $3,363,512,843,742     
24h Vol: $68,523,822,230
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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