or this is the most vicious trap laid for retail traders 🚨
$BTC Weekly Chart Update
#Bitcoin is currently trading into a weekly bearish FVG, and the weekly candle is close to closing bearish in a way that could trigger a violent move down if it closes like this.
The Volume Profile since the beginning of 2026 supports this view: • VAH aligns perfectly with the liquidity sweep before the bearish FVG • If weekly price closes below it we could be in serious trouble If this scenario plays out a move below $60K becomes very possible and this current move could end up being the local top for #BTC And remember May is not a stranger to brutal sell-offs.
But there’s another side to this story: What if this entire move is just a trap? 👀
78,212. Something is shifting. Funding flipped negative. CVD flattening. Buy depth crushing sell depth. Sellers are exhausted. 74,900 still untouched below. That's the last trap before the bounce. Small size. If you must. I'm still waiting. 🩸