What is a bear trap in trading and how to avoid it? Post author:MiamiCrypto Post published:June 18, 2022 Post category:Bitcoin / Cryptocurrencies / trading Intended to convince market participants of a price correction, bear traps are orchestrated by entities with large holdings to make quick profits. You Might Also Like Trump Champions Crypto: Calls It ‘Very Hot’ Amid Market Crash Resilience May 5, 2025 Bitcoin stays higher after stocks propel BTC price toward $42K February 5, 2022 Top 5 cryptocurrencies to watch this week: BTC, VET, THETA, RUNE, AAVE April 3, 2022