The Last Week Before the Election: Where to Buy the Dip on Bitcoin?

This week, the US has deployed forces to the Middle East, and Israeli airstrikes on Iran have led to a sharp downturn in the crypto market, causing a Black Friday-style crash. However, this has not reversed the overall trend. With the elections approaching, can it drive the market to new highs?

Regarding the elections, I won't elaborate much here, but I can say it's definitely favorable, as past elections have always led to a rise.

From a technical perspective, I still believe the monthly chart will ultimately show a bullish pattern. October will end with no breakthroughs in recovery and no extensions in declines, primarily consolidating through fluctuations to build momentum for the next upward movement.

Looking at the weekly chart, there are signs of an upward channel ready to break out, but there's not enough volume to push it along. Instead, the focus remains on pullbacks for consolidation. The previous highs did not retreat but rather corrected, ultimately leading to bullish recovery. An upward trend is just a matter of time.

For medium and longer-term strategies, we firmly hold a bullish outlook; just buy the dips.

For medium to long-term operations, I personally suggest focusing on the 65500-66500 range for buys, targeting 70500-72500.

For long-term operations, I personally suggest focusing on the 66000 range for buys, targeting 75000-80000.

Though the road is long, it will be reached; though the task is difficult, it will be accomplished. We shall see. The overall situation determines the space, and the space determines future living conditions. Do not worry about the busy road ahead; eventually, we can reach #年底牛还熊？ #战火将如何牵动加密市场？ #盘整行情分析 #美国大选前行情观察 $BTC $ETH .