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

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