BTCUSDT BULL TRAP???!!!
A key level bounce point for BTC at 68,250 could potentially drive the price to around 70,000-71,000 within a few days, especially as the US election concludes at 18:00 EST. However, be cautious of a potential bull trap rally. IF Trump wins, the price could break above 71,000. Conversely, IF Kamala wins, the price may be rejected around the 70,000 level. As always, trade at your own risk.
Note
UPDATE: Early U.S. election counts indicate Trump is leading. Next target is projected around 76-78K, with a potential correction to 68-70K. Chart update coming soon.Note
new chart update on my profile.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.