muxie

Bitcoin ascending Triangle - normal PA not the election

Long
FTX:BTCUSD   Bitcoin
the recent drops have not been lower than RSI 50 and to about the midle of bolinger bounds on 4H
Keeps printing higher lows and 14100 will break sometime between now and Nov 16
targets 15K and 16K
ABout elections thy happen to be every 4 years and bitcoin halving is every 4 years so dont think Bitcoin price is affected by elections
it may however have temporary wicks because is traded mainly against USDT / USD
2020 had bitcoin halving so expect btc to moon in 2021 however it will be quite a bumpy ride
If you are as me and have less than top day trade experience only buy the low dips and sell at resistance , TV has lots of info on resistance targets, it often gets that right but gets support levels wrong because most people dont understand bitcoin's and other crypto major coins value and use only TA
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