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What is a bull trap, and how to identify it?

July 3, 2022 by DIGIT
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Newbie crypto traders should be wary of bull traps. If you suspect one is on the way, here are some tips to identify it.

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  • bitcoinBitcoin(BTC)$103,888.000.03%
  • ethereumEthereum(ETH)$2,497.653.48%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.37-1.32%
  • binancecoinBNB(BNB)$658.03-0.51%
  • solanaSolana(SOL)$173.760.64%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.2324403.10%
  • cardanoCardano(ADA)$0.80-0.79%
  • tronTRON(TRX)$0.261741-0.63%
  • bitcoinBitcoin(BTC)$103,888.000.03%
  • ethereumEthereum(ETH)$2,497.653.48%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.37-1.32%
  • binancecoinBNB(BNB)$658.03-0.51%
  • solanaSolana(SOL)$173.760.64%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.2324403.10%
  • cardanoCardano(ADA)$0.80-0.79%
  • tronTRON(TRX)$0.261741-0.63%
© 2025 DIGIT INFO • Built with GeneratePress
  • bitcoinBitcoin(BTC)$103,888.000.03%
  • ethereumEthereum(ETH)$2,497.653.48%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.37-1.32%
  • binancecoinBNB(BNB)$658.03-0.51%
  • solanaSolana(SOL)$173.760.64%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.2324403.10%
  • cardanoCardano(ADA)$0.80-0.79%
  • tronTRON(TRX)$0.261741-0.63%
  • bitcoinBitcoin(BTC)$103,888.000.03%
  • ethereumEthereum(ETH)$2,497.653.48%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.37-1.32%
  • binancecoinBNB(BNB)$658.03-0.51%
  • solanaSolana(SOL)$173.760.64%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.2324403.10%
  • cardanoCardano(ADA)$0.80-0.79%
  • tronTRON(TRX)$0.261741-0.63%