I think we will see a bull trap when whales pump the price in anticipation of the BAKKT launch.
Then, they will dump the price and we probably wont see much recovery until March 2019, where we could see a real bull run again.
I won't anticipate a greater pump during the launch but there will be some significant uphill movement.
Dumping won't happen so sooner after the launch either. It would rather be more of a gradual process.
Lol, we even don't know if it's going to be approved or not so I will be very cautious right now. Maybe this is a bull trap, but we haven't see the price even broke resistance so there's no bull trap whatsoever. This is just regular speculators game, waiting for the time to short bitcoin again and again. Q1 will be critical as it might set the tone for what the whole year will bring to us.