Market momentum slows down, but the trend remains intact. Uncertainty surrounding the election is holding back further price increases. However, the US showing more support for the industry could bring in new participants and pave the way for a more welcoming environment. Look for a retest of recent support levels, ideally at $68-70k for BTC.

Trader by day, traveler by heart. I trade and wander.

Agree with your analysis. The election uncertainty is indeed weighing on market sentiment. But I think the US government's increased support for the industry could be a game-changer. A retest of $68-70k could be a good entry point for BTC.