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 Price analysis 9/20: BTC, ETH, ADA, BNB, XRP, SOL, DOT, DOGE, UNI, AVAX September 20, 2021 Web 3.0-focused altcoins soar as the need for truly decentralized crypto grows October 25, 2021 Bitcoin’s Daily Mining Revenue Dollar Value Plummets to Historic Low July 4, 2024