฿ Bitcoin BTC/USD Daily Video, October 26, 2020

Sive Morten

Special Consultant to the FPA
Messages
14,041
Good morning,

Markets across the board start preparations to election turmoil. In a case of D. Trump victory BTC probably will show minor apocalypses. But to take position in favor of J. Biden, we could consider few levels:

 

leo4fx

Recruit
Messages
51
Hi Sive,
I'm curious about your opinion on current developments on the BTC markets.
My objective is to find a entry for a long position. is 12000 still on the table or is the current decent too fast ?
Regards
Leo
 

Sive Morten

Special Consultant to the FPA
Messages
14,041
Hi Sive,
I'm curious about your opinion on current developments on the BTC markets.
My objective is to find a entry for a long position. is 12000 still on the table or is the current decent too fast ?
Regards
Leo
Hi Leo, Indeed, I've missed a bit as DRPO has failed, market was able to set another top before reversal. But now "run into quality" is started across the board, so, retracement might be deeper still. Current moment around elections is very tricky and we should be ready for surprises of different kind.
 
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