Article

Trader Killa:BTC could surge before the U.S. midterm elections, with attention focused on the 95,000 USD range

PANews October 11 reported that trader Killa shared his views on the future price trend of (BTC), stating that the current ideal scenario is for BTC to continue rising before the U.S. midterm elections, reinforcing the market's bullish narrative and breaking above the previous high; afterward, the market may undergo a correction after the midterm elections, as in past cycles, but this pullback is not expected to create a new cycle low and may instead establish a higher low. Killa stated that if BTC falls before the midterm elections, he believes the market is more likely to rebound after the elections, with attention focused on around 95,000 USD. Midterm elections are typically viewed by the market as potential bullish or bearish catalysts. However, based on current price action, market sentiment, and recent long liquidation activity, he believes short positions may currently face greater risk than long positions. He also cited historical data, stating that among the past 4 U.S. midterm elections, there were 3...

Source: https://www.panewslab.com/zh/articles/01a12b36-77dc-7765-bdce-b0544fcf7548