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Bitcoin having a re-think?

Yesterday Bitcoin could not make any further progress above the 73k handle. The high which was set the day before was noted here at 73,563 and as also reported; that high was just some $200 shy of the record reached on March 14, at 73,797. The high seen since yesterday was set at 72,290 right on the Asian opening. The price action since has not yet delivered a move back underneath 72k. So, we have a largely sideways picture between 72k and 73k over the past 24 hours. Look, there is no doubting the positive prospects for BTC on a Trump election victory, but in  truth that race is wide open and still way too close to call. So, does that mean BTC has gotten ahead of itself in eyeing fresh records ahead of November 5? Well, it could be and perhaps the price action over the past 24 hours is evidence of at least some profit-taking leading into the election, for that very reason. The range seen so far today has been covered by 72,019 to 72,920. BTC is currently trading at 72,255

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