cryptodream

Is This a Reversal Signal?

BTC couldn’t muster the strength for a new ATH and has pulled back to $70,500, though it still remains above the descending channel, keeping the potential for future growth and a return to ATH alive.

Shorts are performing decently, especially in the altcoin sector. Over the next week, expect volatility due to the U.S. elections and the ongoing flow of daily updates (showing who’s leading, etc.).

Right now, I recommend minimizing risk and avoiding trading. But if you can’t sit it out and feel compelled to trade, consider reducing your position size.