Bitcoin clears $85K, but is ‘Uptober’ setting up a bull trap?

Bitcoin’s move above $85,000 has revived optimism around “Uptober,” but the breakout alone does not confirm a sustained uptrend. The key risk is that bullish sentiment and momentum fade, leaving late buyers exposed to a reversal. Traders are watching whether Bitcoin can hold above the breakout level and sustain follow-through before treating the rally as confirmation of further gains.