Market sentiment is historically always Bullish after the US election.
If Donald Trump wins the election then you might see one of the biggest rallies of all time.
On the other hand, If Kamala wins then you might not see a great rally in a shorter time frame. But trust me, the economy will not fall even after Kamala wins.
You will get the upside rally either too fast or slowly but steady. So, don't sell and quit the market even Donald Trump doesn’t win the election.
You will only bearish when BTC will lose 57K on a Daily Time Frame.
** Note: Always try to trade on bigger coins like BTC and Eth.
Around 60K should be the last Stop. After that we might go up and break ATH (All time high).
In case, we break 59K, we might go very down. Then you should be bearish. Before that, don't be bearish! (A very bad scenario. I don’t think it will happen.)
So, start buying in the spot all the coins that have good potential. (Don't go all in)
I know it's kinda disappointing. But BTC broke 67K level and it's around 65K now.
The next target could be around 63K level. Depending on the news (Fundamental) it can go down up to 60K. (Final Destination)
So you have to be careful this time. Sometimes no trade is the best option. Especially Future Trade.
But you should buy in the Spot. Like, you can buy 10-20% in the Spot for now. If BTC goes down to 63K level then buy 20-30% more. Finally, 30-50% more if BTC goes down to 60K level.
4. Buy big coins in the spot or future like #RNDR (Today. See the Growth)
What more can I do? Some of my posts get thousands of Views! But I can't see enough Engagement. That's Frustrating.!
However, if I can help a tiny bit, even for a 1 person to make profit or stop having loss then it will be enough for me. Cheers.!!!
So, BTC is acting like DOM. If you don't know search on Google. This way you will understand what will be the next move of BTC.
Note: Fundamental Analysis is the backbone of everything. Do not depend on Technical Analysis. See the US Dollar Dominance, CPI Data, Gold Market, Labour Market, Real Estate Market to get an overall picture.
(I am going to rest for a while. Take care. Saiyan Prince of Crypto signing off)