What’s The Definition of Bull Trap

Definition of Bull Trap

A bull trap is when a market is clearly in a bear trend. Yet, against all odds its bounces back, leading investors to possibly change their minds as to whether their investment is truly in a bear market. It’s called the ”bull trap” because all the investors who believe the market has changed, they are effectively trapped by false analysis of the chart. Which means they stand to lose money.

Is Bitcoin A Good Investment? (Cryptocurrency)

how to trade bitcoin for a profit

Swing trading is the best strategy, which means buy low, sell high. Unfortunately, finding the bottom and top is more difficult than you might think. Also, technical analysis will only show a small fraction of the money flows. Watch each swing, then monitor what social media and the main stream media is saying, to figure out each end of the swing.