i dont think its a bear trap as such, maybe more to do with institutions wanting a cheap cheap price to enter, or the fact that bitcoin has been so stubborn lately at 10k people give up hope. Or all this FUD about google super computer smashing SHA 256 by 2022.
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likely the former. If I was a whale, and I'm not, but if I was and had the influence I would tank Bitcoin as far down as I could on the exchanges just before meeting up with a private Bitcoin seller to hash out a deal. Regardless, today's falling knife was well executed.