CandleFocus Trader Outlines Path Forward for Bitcoin, Predicts BTC Breakout to New All-Time High – But There’s a Catch
2024-11-01
Author: Content Editor
The analyst believes that Bitcoin is still on track to reach new all-time highs after a recent correction. However, he warns that next week's US presidential election could create market volatility in the short-term. Some investors are betting on Bitcoin due to the belief that Donald Trump will win, but if he loses, there could be a temporary drop in Bitcoin's price. In the long-term, the analyst doesn't believe that the election outcome will have a significant impact on Bitcoin's price. Currently, Bitcoin is trading at $69,941, down 3.3% in the last 24 hours.
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