Analysis: Bitcoin will fluctuate at least 10% "up or down" depending on the results of the US election
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Odaily Planet Daily reported that anonymous trader Daan Crypto Trades posted on X that the price of could fluctuate at least 10%, depending on which U.S. presidential candidate wins the election on November 5. IG Markets analyst Tony Sycamore wrote in a November 4 investment report that needs to "continuously break through" the $74,000 resistance level to confirm the uptrend and could surge significantly to $80,000. Sycamore also warned that traders should be cautious, as a "sustained decline" of below the $65,000 support level would indicate that last week's rebound has failed, potentially returning to a seven-month downtrend channel. (Cointelegraph)
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