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Bitcoin traded below 68k again on Sunday morning. The swings between 67-73k over the past few trading days are surely a reflection on the market mood shifts in terms of how they view the potential US election outcome. The price action over the weekend saw BTC drop back close to the bottom of that broad range, falling to a low at 67,468 yesterday afternoon. It seems the fall below its 21 day moving average (now at 68,550) yesterday afternoon came after a US election poll showed a lead for Harris in a key swing state. BTC has rebounded today though and reclaimed the 69k handle. The range seen so far has been covered by 68,222 to 69,444. Bitcoin is currently trading at 69,045. You were warned last week about the uncertain nature to come in the price action and that warning has not changed at the start of this week.
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The US equity market futures are all in the green right now and pointing to a slightly higher opening in around 30 minutes. The gains look pretty...
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