BTC - Key resistance at $71k could trigger a bull trap
2024-10-25

I think we are due to experience some key resistance at 71k that will trap bull's as I expect the market to come back down and liquidate bulls by hitting stop losses. 

I am currently in a long trade from $63k but I am anticipating key resistance at this level. Especially, because it will be the first retest in over 3 months of the level.

We are also in the third trending move of this trend from the 52k level. 