$The price of BITCOIN has failed in its attempt to break above the 87K resistance, which is bearish in the very short term.
I’m still expecting a correction toward the 78K$-75K$ area, between October and November, after the US midterm elections.
We need to refresh the indicators, liquidate over-leveraged longs, and attract new liquidity at lower levels.
In any case, we’re in a BULL MARKET, and any drop of -10% is a great opportunity to reload LONG trades on futures or buy on SPOT.
I’m still expecting a correction toward the 78K$-75K$ area, between October and November, after the US midterm elections.
We need to refresh the indicators, liquidate over-leveraged longs, and attract new liquidity at lower levels.
In any case, we’re in a BULL MARKET, and any drop of -10% is a great opportunity to reload LONG trades on futures or buy on SPOT.
