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What is a bull trap, explained

December 26, 2024 by DIGIT
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A bull trap lures traders into thinking prices will keep rising, only to reverse and cause losses. Learn how to spot and avoid this common trading pitfall.

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Categories Bull Trap, false signals, market psychology, Price Spikes, trading
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  • bitcoinBitcoin(BTC)$64,240.00-11.00%
  • ethereumEthereum(ETH)$1,894.97-11.20%
  • tetherTether(USDT)$1.000.07%
  • binancecoinBNB(BNB)$622.15-10.93%
  • rippleXRP(XRP)$1.24-15.83%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$77.03-15.46%
  • tronTRON(TRX)$0.269588-4.52%
  • staked-etherLido Staked Ether(STETH)$2,258.91-3.75%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.032.91%
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  • bitcoinBitcoin(BTC)$64,240.00-11.00%
  • ethereumEthereum(ETH)$1,894.97-11.20%
  • tetherTether(USDT)$1.000.07%
  • binancecoinBNB(BNB)$622.15-10.93%
  • rippleXRP(XRP)$1.24-15.83%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$77.03-15.46%
  • tronTRON(TRX)$0.269588-4.52%
  • staked-etherLido Staked Ether(STETH)$2,258.91-3.75%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.032.91%