BTC update .
as i mentioned yesterday that the BTC will continue consolidation in between 68.8k to 69.8k with no sudden buying or selling pressure .
#Future scenario
there is a fair amount of liquidity above 70k and below 69k with more than 50 percent of trades in short positions. US elections are also 2 days away with no clear picture of trump's winning .
In light of the above parameters BTC can take a spike upward just to grab liquidity only if exchanges manipulate the market. if it West down we can see 67.5k before election day. It can further decline to 65k on election day because uncertainty in market.
i Will share the possibilities after the election day in the next post
it's not the investment advice manage your risk accordingly.
