Markets· ★★· neutral·

Trader Killa Keeps Bitcoin Long, Eyes Market Reaction After US Midterms

  • —Killa sees a new bitcoin low as unlikely and keeps his long position
  • —He noted BTC tended to weaken after past US midterm election cycles
  • —He will consider a hedge short only after gauging the market reaction before and after the vote
Why it matters: The stance of a prominent trader signals cautious optimism, with political risk potentially being priced into BTC ahead of the US midterms.
#BTC
Source: TokenPost
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