Ignore the Election! Watch This Bitcoin Signal Instead
0Bitcoin just got rejected at $70K in the days leading up to the US Election. With everyone focused on what impact the election will have (regarding Crypto), I think the election will have little effect in the short term, and almost no impact in the long term. Today I'll break down the latest Bitcoin Technical Analysis and discuss the real significant event of the week: the FOMC!
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Chapters
00:00 Introduction
02:11 Bitcoin Uptrend Support Level
05:28 Why Election Results Don't Matter for Bitcoin
09:58 Neither Candidates can Change Regulation
12:46 Don't FOMO if Trump Wins
14:40 Risk of Volatility during Election Week
18:42 Buy the dip, but don't trade
19:07 Markets perform better 1 week after Elections
22:16 Next FOMC is Super Important Signal for Crypto
26:26 Ignore the Elections, Watch the FOMC
27:44 Bitcoin Dominance could top out this week
29:10 Summary of Risks to trade the Elections
30:52 Buy and Hold for next 12 days
32:38 Follow my Twitter and Join VIP Community
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📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial, legal, or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses a considerable risk of loss. The speaker does not guarantee any particular outcome.
#crypto #trading #bitcoin #altcoins #investing #cryptoinvesting #cryptocurrency #virtualbacon
#ethereum #solana #cryptotrading #trump #kamalaharris #uselection #election #btc