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

Bitcoin has just surpassed the significant milestone of $73,000, marking a notable achievement for the cryptocurrency. However, amidst this surge, many skeptical traders are already preparing themselves for what they anticipate could be a 'bull trap,' a scenario where the price appears to be rising and encourages buying, only to subsequently reverse direction and lead to a decline. This apprehension reflects the cautious sentiment prevailing in the market, as traders weigh the potential risks against the allure of the current price rally. source: https://www.coindesk.com/markets/2026/03/04/bitcoin-breaks-usd73-000-but-traders-warn-of-another-bull-trap