#BTC☀ $BTC Possible Scenarios

• Bullish Scenario: With continued buying volume and strong support from moving averages, BTC could aim for new highs if market sentiment remains positive, potentially pushing toward the next resistance levels around $85,000.

• Bearish Scenario: Given the overbought conditions (RSI and Stochastic), there is a possibility of a correction. A pullback could bring BTC back to recent support levels, around $77,000 or lower if selling pressure increases.

The election effect could bring additional volatility to the markets, as political events often influence investor sentiment and risk tolerance.

Overall, if the bullish momentum holds, Bitcoin may continue to rise. However, caution is warranted due to the overbought indicators. Always consider market sentiment and risk management in any investment.