BTCUSDT TECHNICAL ANALYSIS SHORT TERM VIEW
BTCUSDT running in positive trend and its immediate strong support on 15 minute chart are 69300 to 70200 level . Stop loss is 69000 level and it can rise towards 74000 level because of double zigzag correction pattern made on 4 hour chart .Intraday purpose buying is better for targets 71500 , 71800 and 72000 levels respectively with stop loss 69000 level.
QUICK FUNDAMENTAL LOOK
Bitcoin jumped above $71,000 in Asian morning hours Tuesday to lead a wider market move ahead, nearly a week ahead of the U.S. elections that traders largely consider a bullish catalyst for the market regardless of who wins.
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account .