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BTCBTC
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+
1.76%
ETHETH
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+
1.99%
SOLSOL
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+
2.77%
USDCUSDC
💲0.9999
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0.01%
HYPEHYPE
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6.77%
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💲1.39
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1.46%

Bitcoin just cleared $73,000, but skeptical traders are already bracing for a bull trap

coindesk
coindesk|Mar 04, 2026 16:58
Bitcoin has broken above $73,000 after weeks of consolidation, but traders remain divided over whether the move marks a genuine breakout or another trap for late buyers. What to know : BTC climbed past $73,000, reclaiming a key technical level after trading sideways for weeks. Many analysts say the breakout could mirror January’s move that briefly surged before plunging from $98,000 to $60,000 within two weeks. With much of the market now expecting a reversal, some traders argue the risk is shifting toward a short squeeze if momentum continues.(Coindesk)
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Timeline

Mar 12, 11:41Natural gas and crude oil prices are affected by the attack.
Mar 12, 09:44The market value of altcoins doubling is just one breakthrough away.
Mar 12, 08:13Sky's USDS added $1.5 billion in deposits this month
Mar 12, 04:06U.S. spot Bitcoin ETF had a net inflow of $115.42 million yesterday.
Mar 12, 03:54BTC rebounded to 71.2K, minor high breakout failed
Mar 12, 01:18The spot trading volume of the top 500 cryptocurrencies continues to decline.
Mar 11, 19:33Bitcoin maintains the $69K–$71K range amid Middle East ceasefire chaos
Mar 11, 15:07Bitcoin is absorbing supply
Mar 11, 01:47Bitcoin continues its volatile trend, with the resistance range at 72,000–74,000.
Mar 10, 23:52The 20 millionth Bitcoin has been mined.

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