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masoud 🎩 🔵 🐹
@masoudn
Bitcoin price volatility expected ahead of US elections: Here are the price levels to watch Bitcoin struggles to reclaim $70,000 ahead of the US election, but analysts agree that volatility will be present before and after the election result is announced. rice witnessed a sharp 8% correction between Oct. 29 and Nov. 3 and briefly dropped to $67,446 over the weekend. While the higher time frame (HTF) market structure remains bullish for BTC, the market expects a volatile trading session heading into the US presidential election results on Nov. 5. Bitcoin’s current uptrend can be traced back to the lows formed at $52,510 on Sept. 6. Since then, each BTC correction during its higher high (HH) and higher low (HL) structure has retested the Fibonacci “golden zone” between 0.5 and 0.618.
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