FX.co ★ teagan.orn | #Bitcoin chart analysis

The price #Bitcoin on the daily chart was able yesterday to show a small bullish candle after the wave of decline that occurred in the second half of the trading week. However I consider the further outlook bearish, as the bounce off the 76000 support was insignificant and the next attack on this support will most likely end in a breakdown and further decline to new lows. Next week the United States will hold midterm elections, and important labor market statistics will also be published. I expect significant movements in this context. The priority remains on continued decline toward the round level of 70000.