BTC on an aggressive downtrend before the election
Hello, traders!
We see BTC on its downtrend again after peaking at 73k.
This might be a pullback before the election.
The US election is approaching very soon now, and I find this pullback a great opportunity -
we might see even bigger bull run after the election (or a complete downfall - which is also a great entry for short).
If we see a reversal in 68 - 69k zone, this might be a good entry for long;
We see BTC on its downtrend again after peaking at 73k.
This might be a pullback before the election.
The US election is approaching very soon now, and I find this pullback a great opportunity -
we might see even bigger bull run after the election (or a complete downfall - which is also a great entry for short).
If we see a reversal in 68 - 69k zone, this might be a good entry for long;
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For now, we see price respecting the trendline.
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There has been a reaction but the price is continuing the drop as for now.
67.3k is as far as I will go to expect the pullback.
However, the price might reverse beforehand - around 68 - 69k.
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The price reacting as it enters 68 - 69k zone.
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Price is showing reversal of trend after reaching 69.2k.
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If we see a double bottom, we might confirm an uptrend.
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