Bitcoin (BTC) 
$68,797 price It continues to zigzag on the chart and after falling to $69,500, it rose again to $70,400. Movements exceeding $1000 in just a few hours are remarkable. Altcoins also took action amid this fluctuation. Election results are awaited with excitement.
ROSE Coin Review
Waleed Ahmed in his latest market assessment ROSE Coin He wrote that the price has reached the bottom point and will recover from there. The price, which bottomed at $0.0597, may have now ended its downward movement. If the scenario expected by the analyst occurs, an impressive rise to $0.189 may begin.
Different Analysts Comments on Bitcoin
BTC Targeting $70,355 and $71,500 again despite the decline can be considered a positive development. Although the possibility of Trump winning the election excites investors, Harris’s victory will be a surprise as she is constantly ahead in the polls. Despite Elon Musk’s open support, Trump may not win.
Biden administration cryptocurrencies The regulatory pressure it puts on has been making things difficult for companies in the region for years. Besides, every new SEC The case brings new declines. Not to mention the huge BTC reserves held by the Ministry of Justice and occasional sales.
Titan of Crypto wrote in his analysis today;
“Bitcoin Key Level: $70,200.
After breaking Tenkan, the price usually retests it and currently Tenkan sits at $70,200. BTC“Needs to regain this level to regain upward momentum.”
At the time the article was being prepared, this level had been reverted. Ali Charts reminded the BTC chart, which faced rejection 5 times. These attempts produced ever-lower lows. However, since the last rejection zone has been overcome for now, the potential for a convincing upward break may become evident at closes above $70,200.
Recent analyst Mustache wrote;
“Imagine BTC hitting bottom right before the US elections. Most assumed this would happen later. This would be an excellent preliminary move. “The whole scenario looked very similar in 2020.”
Although his forecast is not risky until $49,500, it points to a possible attempt at $60,000 levels. Still, like everyone else, he’s aiming for six-figure prices in the next few months.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
