Friends, happy Halloween! 👻👻👻
Congratulations in advance to friends who have jumped on the long positions this month; there are only five days left until the election. Based on previous market conditions, I can boldly predict that even if there is a pullback, it will not exceed the support point below 0.618. As for why?
First, we can see that Bitcoin has very strong support around 71400. At the short-term level, 72000 is also a resistance support level. Although it seems that the big coin cannot rise much in the past two days, it is also obvious that the price is not dropping significantly, so we can conclude that we are currently in a phase of adjustment.