CryptoURANUS Economics: Bull Trap: Defined in CryptoCurrency

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Thursday, May 6, 2021

Bull Trap: Defined in CryptoCurrency

Bull Trap: Defined in CryptoCurrency


A bull trap is an investor who wants to profit from the movement of increasing prices. 


A bull trap is a false impression that the prices are increasing causing a bullish investor to try to take advantage of that. 


The price then reverses, going back down causing the him to lose money.

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