Attention, crypto traders! 📢 #BTC☀ (BTC) is showing signs of a potential fake out, according to a closely followed trader known as The Flow Horse. Here's what you need to know:

1. **False Bullish Signals**: The current Bitcoin structure has everyone focused on a breakout, but it might be setting up a trap. The trader warns that this type of setup often leads to a sudden move downward. 📉

2. **Halving Event Risk**: As we approach the April 19th halving event (when miners' rewards are cut in half), the risk increases. The trader suggests reducing risk temporarily. 🛑

3. **Market Capital**: Funding rates are struggling to heat up again, indicating insufficient capital at these levels to sustain continuous buying. 📊**Bitcoin Price**: Currently trading at $68,750, down nearly 2% in the last 24 hours.

**Solana-based WIF (dogwifhat)**: Expect a potential bottoming in the summer. 🌞

- **Dogecoin (#doge #)**: Could hit at least $0.50 this cycle, signaling a possible market top. 🚀

Remember, always do your due diligence and trade responsibly. Stay informed and protect your investments! 💪

#bitcoin☀️ #Bitcoinarena #BitcoinBeliever