1D chart is looking very bullish right now. As you all know, elections are happening, and most people seem to support Trump.
Meanwhile, Nasdaq, S&P500 and gold are showing clear signs that it’s time for crypto.
Based on my analysis, I think BTC is in a strong bullish position, and I’m ready to hold my trade toward its all-time high.
If Trump wins, it could be even more bullish for BTC. So, this is my Effective analysis and I invite everyone in the crypto community to share their own opinions in the comments!
🟥 Trump • 57.7% chance (if Win Then Bullish) 🟦 Harris • 42.3% chance (if Win Then Bearish)
Tomorrow is election day. ________________________________ Perspective on the U.S. Election and Crypto Market
- Regardless of whether Kamala Harris or Donald Trump wins, a bull run in crypto is likely on the horizon. This is less about who’s in power and more about the growing decentralization of Bitcoin. - There will be some short-term volatility and likely liquidation events, but people will soon refocus on the appeal of decentralization, which is what drew many to crypto in the first place.
- I'm bullish on Bitcoin in the short term, even if Kamala wins. However, altcoins might drop further (potentially by 30%) if she does.
(This is just a hint; I won’t be diving further into election discussions.)
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Current Market Analysis Right now, it’s not ideal to analyze the charts or make any trades based on them. There are too many major events happening this week. - The U.S. election is tomorrow, followed by the FOMC meeting. - Risk levels are high, and we’re seeing the lowest liquidity on record, suggesting that “smart money” (institutional investors) is stepping back.
This leaves mostly algorithmic bots active in the market. If you want to avoid getting liquidated, steer clear of leveraged trading unless you’re a seasoned professional.
If You Have Knowledge About BoS + CHoCH Then Clearly See The Mapping of Chart
My Analysis Shoe Me Sell Opportunity From the 0.09516 Entry Price With The 0.09825 Stoploss Which Is Above The 4h Order Block And I Hold It Till The SSL which is 0.08255 - 0.07776 ( As Target)
I’m not recommend you To Take my Any Trade! Its All Just My Analysis For Educational!
If You Have Knowledge About BoS + CHoCH Then Clearly See The Mapping of Chart
My Analysis Shoe Me Sell Opportunity From the 0.09516 Entry Price With The 0.09825 Stoploss Which Is Above The 4h Order Block And I Hold It Till The SSL which is 0.08255 - 0.07776 ( As Target)
I’m not recommend you To Take my Any Trade! Its All Just My Analysis For Educational!
Trading can give you everything you want: - Lifestyle - Money - Freedom But you have to give it what it wants in return: - Discipline - Focus - Patience You don't get everything for Nothing..!