BITCOIN is once again at a critical resistance level, and the crypto world is split.Some believe we’re gearing up for a new all-time high (ATH), while others argue the top is already in—and this could be a classic bull trap in disguise.
The key lies in how price reacts to this zone.
• A breakout above $109K would confirm a new ATH and likely spark another leg up.
• But a strong rejection here might signal that the rally was a trap, echoing patterns we’ve seen in past cycles.
My Take: We’re at a make-or-break moment. Confirmation from this level will decide the next big move.
What’s your take—breakout or bull trap?
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