#btc has started a slight pullback, target 65000-68800. It is the most important current ultra-short-term support! It is also the trend support!
In fact, everyone can notice a problem, which is that the Bitcoin market is moving along with the approval ratings of the U.S. election!
When Trump's approval rating is high, Bitcoin keeps rising; when Biden's approval rating is high, Bitcoin starts to fall back!
And the price points do not lie. What does this mean?
If it breaks below 65000 in the future, it indicates that this wave of increase has come to an end, and the potential good news has peaked! Basically, it will go towards 49000- and then in the future, it will still aim for 75000-85000!
If it does not break below 65000 in the future when Trump wins, basically reaching 75000-85000 becomes a 100% probability thing, and then it will start to reach a peak and trigger a large pullback!
The target remains at 49000-
The watershed is at 65000-67100! The watershed also lies in who wins, Trump or Biden!
In these few days, everyone can just wait for the results!
But 65000-68800 can be a long position with a stop loss at 63000!