$BTC

• As expected, BTC is pulling back after reaching the peak resistance area and is now trading within the local demand range of 68.2k-69.4k.

• Should this zone hold, we could see BTC move toward its all-time high and possibly higher. However, two major events this week could lead to significant market volatility.

• The first event is the U.S. Elections on November 5, 2024, followed by the FOMC meeting on November 7.

• Given the influence these events could have, BTC may see another dip, potentially testing the 66.5k-64.5k range before its next upward push.

• This could lead to increased market volatility overall, so it’s wise to manage risks carefully and trade with caution. We will aim to provide regular updates as the situation unfolds.