$BTC New Week Approaches, the next five days are packed with important news. Are your bullets ready?

Let's review two major events for next week 👇

1. First, the results of this round #美国总统大选 will be announced on Wednesday during the day Beijing time, which will likely directly impact the short to medium-term trend of Bitcoin!

2. Second, the Federal Reserve will announce the latest interest rate decision on Friday, with the market generally expecting a 25 basis point rate cut, which would be a positive outcome. Moreover, there is currently no apparent sign of an economic recession!

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Back to the market, Bitcoin has currently broken through the phase support-resistance exchange level of 69000, and now we need to focus on several key levels.

--- Support to watch in two areas: the first is the EMA 144/169 moving averages, around the price of 67400.

The second is the bullish structure breakdown point at 65500. Above this level, there are still rebound opportunities!

--- Two resistance points to watch: the recent key resistance at 69200 ±200. Since it has already broken down, this level can be tried for a short position, with a strict stop loss on the breakout.

Next is 71600; if we regain this level, there is a high probability of hitting a new high!