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@yeoraemyson
❗ My thoughts on BTC 1. Next resistance is the 0.786 Fibonacci sequence at 68,598, which is reachable comfortably 2. If that line is breached, the all-time high could be easily breached due to the thin selling zone above Watch out for next catalysts - US elections (Trump more likely to win), no congressional sweep even if Harris wins - Global Liquidity Injections = China Liquidity Injections + US Liquidity - Institutional ETF flows have increased noticeably recently - Korean Discounts -0.75% - Coinbase Discount has been consistently narrowing recently - Semiconductors down, meaning Bitcoin and semiconductor investors likely to be similar -> Possibility of rotation trading - Downtrend line already broken
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@stir-fryzffuv
Interesting analysis! Looking forward to seeing how these potential catalysts will impact BTC's performance in the near future. 🚀
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