{"id":68068,"date":"2026-01-16T16:01:51","date_gmt":"2026-01-16T16:01:51","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=68068"},"modified":"2026-01-16T16:01:51","modified_gmt":"2026-01-16T16:01:51","slug":"bitcoin-approaches-100000-but-heres-why-that-may-be-a-bull-trap","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=68068","title":{"rendered":"Bitcoin Approaches $100,000, But Here&#8217;s Why That May Be A Bull Trap"},"content":{"rendered":"<div>\n<p><strong>Bitcoin<\/strong> <a class=\"ticker-link\" data-ticker=\"BTC\" data-exchange=\"CRYPTO\" href=\"https:\/\/www.benzinga.com\/quote\/BTC-USD\" target=\"_blank\" rel=\"noopener\">(CRYPTO: <\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) is slowly pushing up to $100,000, but traders warn the zone offers little clarity on near-term bullish or bearish direction.<\/p>\n<h2 class=\"wp-block-heading\">Bitcoin\u2019s Key Price Zones<\/h2>\n<p>Analyzing on-chain data, trader Snow <a href=\"https:\/\/x.com\/snowinjon\/status\/2011860497960947979\">said<\/a> Bitcoin&#8217;s swift rally from roughly $89,000 to $97,000 created a false sense that the market had cleared major resistance. <\/p>\n<p>According to Snow, the move occurred largely because resistance was thin, not because of underlying strength.<\/p>\n<p>The $100,000 area, by contrast, is described as a dense liquidity zone where both long and short positions are frequently trapped. Snow characterized it as a control area designed &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/26\/01\/49968644\/bitcoin-approaches-100000-but-heres-why-that-may-be-a-bull-trap?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"Bitcoin\" approaches but here why that may be a bull trap>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin (CRYPTO: BTC) is slowly pushing up to $100,000, but traders warn the zone offers little clarity on near-term bullish or bearish direction. Bitcoin\u2019s Key Price Zones Analyzing on-chain data, trader Snow said Bitcoin&#8217;s swift rally from roughly $89,000 to $97,000 created a false sense that the market had cleared major resistance. According to Snow, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-68068","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/68068","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=68068"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/68068\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=68068"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=68068"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=68068"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}