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RE: Charlie Shrems Crypto Slang Glossary - Let's Create a Steem Glossary! Paying $1 SBD Per Entry

in #steem8 years ago (edited)

Bear Trap : Trading term where price breaks out to the downside, making bears think it is about to go in their favor bigly, only to have the price reverse and breakout to the upside leaving a lot of new bear positions trapped in the move.