The weekly candlestick for Bitcoin is looking pretty grim from a technical analysis standpoint.

Still, I wouldn’t put too much weight on it.

Why?

This type of price action isn’t out of the ordinary, especially with the U.S. elections happening this week.

We’re expecting a lot of volatility from both sides, which will likely continue until the election results are clear.

So, buckle up—the next few days could be a wild ride! 🎢

Sit back and enjoy the show! 🍿