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 2 Bitcoin Mining Pools Command More Than 53% of BTC’s Total Hashrate December 29, 2022 Bitcoin Will Lose Users if it Doesn’t Adopt Proof-of-Stake, Says Solana Co-Founder April 28, 2022 Grayscale met with SEC to discuss spot Bitcoin ETF details November 22, 2023