{"id":61923,"date":"2025-09-05T14:55:16","date_gmt":"2025-09-05T11:55:16","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=61923"},"modified":"2025-09-05T15:00:17","modified_gmt":"2025-09-05T12:00:17","slug":"bitcoin-trader-warns-of-a-2024-style-bear-trap","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/bitcoin-trader-warns-of-a-2024-style-bear-trap\/","title":{"rendered":"Bitcoin Trader Warns of a &#8216;2024-Style&#8217; Bear Trap"},"content":{"rendered":"<p>The leading cryptocurrency is poised for a &#8220;serious short squeeze&#8221; as market makers prepare a large-scale bear trap, according to a trader known as Luca. <a href=\"https:\/\/x.com\/CrypticTrades_\/status\/1963568978565238831\">He stated<\/a> that unused lows are forming on the Bitcoin chart, with large liquidity clusters accumulating at lower levels.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/Gz_QZv-XIAA8ULW.webp\" alt=\"Gz_QZv-XIAA8ULW\" class=\"wp-image-265154\"\/><figcaption class=\"wp-element-caption\">Source: X.<\/figcaption><\/figure>\n<p>The expert highlighted the change in the digital gold&#8217;s price over the past couple of weeks since reaching an all-time high (ATH) in mid-August \u2014 since then, the asset has not surpassed any local peaks.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/Gz_QfawWwAAX-um.webp\" alt=\"Gz_QfawWwAAX-um\" class=\"wp-image-265155\"\/><figcaption class=\"wp-element-caption\">Source: X.<\/figcaption><\/figure>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;I think the reason is that short positions are becoming more protected in the short term. We have seen something similar back in 2024, throughout the entire phase of major consolidation, when highs were never updated until a breakout occurred in November,&#8221; Luca explained.<\/p>\n<\/blockquote>\n<p>He linked the current situation to market makers wanting to &#8220;calm the bears&#8221;:<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;When you are confident there is no ATH, it&#8217;s a very easy short position.&#8221;<\/p>\n<\/blockquote>\n<p>In the near term, the trader expects a correction according to this scenario. He added that the protection of short positions now and the maintenance of highs is a &#8220;very positive signal&#8221; for further growth.<\/p>\n<p>At the time of writing, Bitcoin is trading at $112,300, according to <a href=\"https:\/\/www.coingecko.com\/en\/coins\/bitcoin\">CoinGecko<\/a>. Over the past week, the asset has risen by 2.2%.<\/p>\n<p>Earlier, Jo\u00e3o Vedson, the founder of the analytical platform Alphractal, <a href=\"https:\/\/forklog.com\/en\/news\/analyst-predicts-potential-bitcoin-bear-market-in-october\">suggested<\/a> the onset of a bear market in October, with the first cryptocurrency dropping to $50,000.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The leading cryptocurrency is poised for a &#8220;serious short squeeze&#8221; as market makers prepare a large-scale bear trap, according to a trader known as Luca.<\/p>\n","protected":false},"author":1,"featured_media":26216,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Bitcoin is poised for a \"serious short squeeze,\" says trader Luca.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1145,1138],"class_list":["post-61923","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-market-analysis","tag-opinions"],"aioseo_notices":[],"amp_enabled":true,"views":"258","promo_type":"1","layout_type":"1","short_excerpt":"Bitcoin is poised for a \"serious short squeeze,\" says trader Luca.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/61923","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=61923"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/61923\/revisions"}],"predecessor-version":[{"id":61924,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/61923\/revisions\/61924"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/26216"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=61923"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=61923"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=61923"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}