Is this the "Bear Trap" or the "Bull Trap"?

Markets are fractal so it could be both at the same time: a bull trap on the way down from the heights of a small bubble nested in the rising slope of a longer term larger crypto bubble. In retrospect, it seems like the Bitcoin bubble and crash of 2013 were the "first take off" and "early selloff". But back then, it felt already like the bubble and crash of 2011 were playing this role. And in a few years, it will seem that today's bubble and upcoming crash were the real "first take off" and "early selloff". And so on, until the music stops for good at the top.